Our previous Expedia (EXPE) roll flipped our net debit to cash in hand, and with the stock up around 3% today we have the chance to get out with a small profit. Let’s do it.
Current Stock Price: $107.43
Cash in Hand: $0.51
Action: Buy to close the EXPE 30 Jun 104 Put for around $0.30, but adjust as needed to close today
Profit: $0.21, or $21 per contract