Close the Disney Options for a 269% Gain

April 29, 2019 - 9:03 am

Shares in Disney have increased $5 in the past 5 days and we're closing our positions on this trade. Shares spiked to $142 today and are currently trading around $140.

Sell the June $140 Calls for $5.40 and buy back the June $125 Puts for $0.79. This results in a gain of $336 per set of options which is 269% on our initial investment of $125. Not bad for a 5 day trade.