9:00pm (EST)
We have an update on Sony (SONY) following today’s weakness.
Position Alert!
Sony (SONY, $20.92, down $0.42)
SONY January 20 calls (SONY250117C00020000, $1.10, down $0.30)
Entry Price: $0.30 (11/15/2024)
Exit Target: $2.00 (closed half at $2 on 12/16)
Return: 433%
Stop Target: $1.20 (Stop Limit)
Action: The Stop Limit at $1.20 on the other half tripped on today’s weakness in the stock. We will keep SONY on our Watch List and may look for a reentry point on closes back above $21.50.