[Contingent Stop Hit/Sold May 80 Puts (FMQQP) on WFMI for $9.50]
Dear Member,
The contingent stop I placed this morning was hit and I was sold out of my May 80 Put position for $9.50. That represents a gain of $1.70 a share before commissions in two business days on an initial investment of $7.80!!!! Just about 22% return in that time.
DISCLOSURE: At the time of publication, I have no position in the referenced options or the underlying stock.
Sincerely,
Bill Kraft for
CutLoss, Inc.
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