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re: Options Trading Thread

Posted on 2/20/24 at 5:31 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4172 posts
Posted on 2/20/24 at 5:31 pm to
quote:

Put Spread on Shake Shack. Going out 30 days.


Long or short?
Posted by Jjdoc
Cali
Member since Mar 2016
53532 posts
Posted on 2/20/24 at 9:20 pm to
Jag.... im going in on PANW. They beat on earnings but gave a poor outlook for 2024. It dropped 70 plus dollars.



Will go to 2026 for the long and sell weeklies.

Posted by BCreed1
Alabama
Member since Jan 2024
1557 posts
Posted on 2/20/24 at 9:53 pm to
Short. Expiration date 3/8. 98/96 strikes. Current price is now 97, so I'm in the profit already. Max profit is $105 per.

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