1:25pm (EST) 

We have an update on our Vera Bradley (VRA, $19.08, down $0.37) strangle option trade from earlier this week.  Shares have been extremely volatile over the past 24 hours after trading up to $21.24 before Wednesday’s close and reaching a low of $17.27 this morning.

The options have gone through triple-digit percentage swings so let’s go see where we are at, overall, now that the dust is settling.

Subscribers, check the Members Area for the update!