Trade of the week ending 26 July 2024: Profit +$2941

#tradeoftheweek Jul 26, 2024

44 days ago (slightly longer than normal) sold 308 contracts Warner Bros. (WBD), $6.50 PUT at $0.10 expired 26 July. Total premium profit after fees $2941. This was an against the trend trade that found support at $7 so was safe.