Trade Update: Close ADBE
TRADE CLOSE
Ticker: ADBE
Expiration: 10-NOV
Trade:
BTC 510 put
STC 505 put
Debit: 0.48
Contracts: 1
Note: We took in 1.02 in credit (on $398 in buying power). We are able to close this trade down for around 0.48 in 1 day, giving us a potential profit of around $54 on our $398 investment. That’s a 13% return on risked capital in one day.
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