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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