[Stopped out of Jan 45 Puts (AZNMI) on AZN/Puts sold for $3.50]
Dear Member,
I just received notice I was stopped out of my Jan 45 Puts (AZNMI) on AZN. The position was closed for $3.50. I had purchased this leg for $2.45 so the profit on this leg was $1.05. Yesterday I sent an alert advising that I was closing the short Sept 45 put (AZNUI) leg for a loss as a result of the stock having gapped down more than $2 on the open.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft
CutLoss, Inc.
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