Aggressive Traders, We're Still Holding Our Puts Even Though We Could Have Easily Divested At Well Over 120% Profits Today
And here's why I said keep holding yesterday
This is going to be short and sweet. But as I stated during yesterday’s trading alert, I fully believed the price spike we experienced in the shares on which we were holding underlying put options to be an aberration and that the price decline would resume today. This is exactly what happened. Even though you could have opted to divest of my put option strategy at over 120% profits during today’s trading session, since I stated yesterday that “I still don’t see anything that tells me my downside share price targets to exit our put options are no longer in play”, AND we didn’t yet move into my targeted price zone, I assume the bulk of aggressive traders following this play are still invested in it. I will return later this week if/when we descend into my targeted price zone to provide a little more guidance regarding an exit strategy, but for those that will be happy with your profits should we descend into my targeted exit price zone, of course, there is no need to wait for my extra selling guidance.
Even if we descend into my targeted price zone, which I think will happen, I may provide some additional twists on my exit strategies that will be designed to maximize profits from this put option strategy.