I am recommending we close our ZIM Integrated Shipping Services (ZIM) put now rather than risk holding through this week’s Federal Reserve meeting.
We will carry over a net debit and I will recommend another put to sell soon.
Current Stock Price: $50.90
Cash in Hand: $1.05
Action: Buy to close the ZIM Jun Monthly (6/17) 50 Put for around $1.45, but adjust as needed to close today
Net Debit: $0.40