2:25pm (EST)
I have a partial Profit Alert for our Intel (INTC) position so let’s go check the action.
Profit Alert!
Intel (INTC, $28.32, down $0.84)
INTC April 27.50 puts (INTC230421P00027500, $0.90, up $0.35)
Entry Price: $0.55 (3/17/2023)
Exit Target: $1.10
Return: 64%
Stop Target: 60 cents (Stop Limit)
Action: Close one-third of the trade at current levels. Set a Stop Limit at 60 cents on the remaining two-thirds.