Close the Hanesbrand Options for a Loss

On March 6th we bought the April $30 Calls on HBI for $0.90 cents, and we just couldn't get this trade to make money so we are closing it today for a loss. We sold the April $30 calls for $.17 cents, for a loss of 81% loss or $73 per contract. We originally wanted to close this trade within 2 weeks, and we should have stuck to our guns. The S&P was rallying very strongly since late February, however we didn't see the traction we were looking for in Hanesbrand. All in all this was a bad trade since we held it for so long.

We are still holding our Puts on Avis Budget Group, and will likely close that trade this week. That trade is up about 16% as of today.

The other remaining positions that we have open are:

Workday Jan 2018 $67.50 Calls, which we are up 151% on as of today.
GM synthetic long, which we are down 3% on as of today.