Yesterday our short position on three AppHarvest (APPH) put option contracts (strike: $14.50; expiration: 30APR2021) were closed on our standing limit order when APPH shares moved from $16.30 at the open to as high as $17.75 during the trading day. Over five days we netted $55.89 or 1.3% on the $4,350 exposed to trade. Shares of APPH have continued to trade with volatility so I’ve entered another order to sell three more contracts (strike: $14; expiration: 7MAY2021).
Source: MarketWatch.com