11:25am (EST)
We have a Profit Alert for one of our current trades so let’s go check the tape.
Profit Alert!
Petróleo Brasileiro (PBR, $15.31, up $0.50)
PBR September 15 calls (PBR230915C00015000, $0.36, up $0.26)
Entry Price: $0.35 (7/24/2023)
Exit Target: $0.70
Return: 3%
Stop Target: None
Action: These calls have rebounded 270% and expire tomorrow. We do not want them to be exercised so we are closing the trade for a slight profit.