New Trade (BBBY) for 1/30/2020

2:45pm (EST)

I have a New Trade I want to get into ahead of the closing bell so let’s get on it.

New Trade!

Bed Bath & Beyond (BBBY, $14.90, down $1.32)

Buy to Open BBBY April 12 puts (BBBY0417P00012000, $0.55, up $0.15)

Action: I like these put options at current levels and you can use a Limit Order up to 65 cents to get the best fills. These are the regular BBBY April 12 puts that expire on April 17th, 2020.