ALAB: profit taking ahead of Fed rates announcement. Reduce short put exposure should market reacts negatively for whatever that might come out.
With almost depleted premium remaining, it's more prudent to closed off these positions and strengthen my margins.
ALAB is up the past 4 weeks and already up another 6.8% just this week to trade now at $245.18.
Not much risk of dropping back to strike price of $180. Since contract won't expire till next week, decided to secure profit and improve margin.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 0.35 1Lot(s) | +80.63% Closed |
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- cozyzi·09-18Smart moveLikeReport