[Moving Stop again on Open Text (OTEX) Aug 22.50 Puts (QFTTX)/Contingent on Stock exceeding $22.94 sell to close Aug 22.50 Puts (QFTTX)]
Dear Members,
This morning Open Text (OTEX) gapped my way (down). I am now moving my stop to close my long position in the Aug 22.50 Puts (QFTTX). Now the sell stop is contingent upon the stock exceeding $22.94. If it does, my position will be closed.
DISCLOSURE: At the time of publication, I am long the referenced Aug 22.50 Puts (QFTTX) on Open Text (OTEX).
Sincerely,
Bill Kraft
CutLoss, Inc.
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