2021.04.22 AI Put Option Closed

On Thursday our short position in a C3.ai put option contract (strike: $50; expiration: 21MAY21) was closed to net $98.62 or 2% (55.4% annualized) on our $5,000 collateral over thirteen days of exposure. We’ll continue to observe the volatility in the newly publicly traded company to find more profitable trades. We also have a small long position, just 15 shares, in AI and look forward to the company being a more prominent position in our portfolio.