Let’s book profits on our SPDR S&P Biotech ETF (XBI) put.
Current Stock Price: $135.28
Cash in Hand: $3.30
Action: Buy to close the XBI Apr Week Four (4/23) 135 Put for around $0.80
Profit: $2.50, or $250 per contract
Let’s book profits on our SPDR S&P Biotech ETF (XBI) put.
Current Stock Price: $135.28
Cash in Hand: $3.30
Action: Buy to close the XBI Apr Week Four (4/23) 135 Put for around $0.80
Profit: $2.50, or $250 per contract