Close the SDC Options for a 2.4% loss

February 24, 2020 - 2:02 pm

Our bullish option trade on SDC hasn't moved in our favor enough to hold onto the position and we closed it today as follows:

Sold the July 2020 $14 Calls for $2.75 for a $0.05 cent loss (-1.8%)

Bought back the July 2020 $12.50 Puts for $2.78 for a $0.08 cent loss (-0.6%).