Close the AT&T Puts for a 217% Gain in Two Weeks

December 01, 2021 - 11:47 am

On November 15th we bought the Jan 2022 $24 Puts on AT&T for $0.71 cents, and today we closed the position at $2.25 for a 217% gain in two weeks. It's not worth keeping this trade on since shares can bounce and erode our gains.