11:15am (EST)
We have a Profit Alert this morning as we have now closed 10 of our last 11 trades for winners.
Profit Alert!
Foot Locker (FL, $20.50, up $0.90)
FL November 20 puts (FL231117P00020000, $1.15, down $0.30)
Entry Price: $0.85 (10/23/2023)
Exit Target: $1.70
Return: 41%
Stop Target: $1.20 (Stop Limit)
Action: The Stop Limit at $1.20 has tripped this morning on the bounce back above $20.