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Income Masters Trade Alert: CHWY, YETI

Let’s book profits on our Chewy (CHWY) and YETI Holdings (YETI) puts.

CHWY Aug Week Two (8/13) 87.50 Put

Current Stock Price: $91.16

Cash in Hand: $1.27

Action: Buy to close the CHWY Aug Week Two (8/13) 87.50 Put for around $0.45

Profit: $0.82, or $82 per contract

YETI Aug Monthly (8/20) 97.50 Put

Current Stock Price: $102.53

Cash in Hand: $1.75

Action: Buy to close the YETI Aug Monthly (8/20) 97.50 Put for around $0.75

Profit: $1, or $100 per contract

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