Jun. 4 at 11:16 PM
$WOOF
Finshed down 0.89% in accounts today. Not too shabby considering one of larger positions (🐕 🐈) was down 6%, post earnings. This was a win. 💋
For the record, exited June
$2.5 short puts in accounts 2 and 3. 70% of it I was able to sell at same price as pre-earnings close, or
$0.10. The remainder paid 3 pennies more.
It was time to lighten the plate since the absolute most I could get out of them would be
$0.10 extra profit. Wasn't worth the risk. Additionally, with these short puts, they were in cash accounts, so it effectively freezes up a bunch of capital. With those positions closed out, I deployed my new found buying power into two others I like.
Now only holding WOOF in my main account. Where I have a few calls, some out-of-the-money short puts, and a (top-secret) hedge that was initiated today during the bounce back. One leg of my hedge currently ends with the June expiration, so it might be a short-lived thing. But volatility should be my friend. 💋
