11.21.25 Expired OTM
Sweet, sweet honey. Even on paper, a win feels good. We entered this trade as JACK was near all time lows, having just shed its underperforming stores and Del Taco portion of the business. With that dead weight shed and a better than expected earnings report, price rose to $16.81 before the 11.21.25 expiration of our 20 JACK, Cash Secured Puts. The trade yielded a maximized profit of $2,199.15.
Wacka, Wacka, Wacka!!!
Purchase Details Below
ThePaperTrader.Finance 