[Tightening Stop on SWY Dec 25 Puts (SWYXE)/Contingent on SWY stock exceeding $21 sell Dec 25 Puts (SWYXE)]
Dear Member,
I am tightening my stop on the Safeway (SWY) Dec 25 Puts (SWYXE). With support at 20 and the stock up modestly for the first time in several days, I want to lock in more profit. I now have an order to sell my Dec 25 puts (SWYXE) contingent on SWY stock exceeding $21.
DISCLOSURE: At the time of publication, I am long the referenced Dec 25 Puts (SWYXE) on Safeway (SWY).
Sincerely,
Bill Kraft
CutLoss, Inc.
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