Take Profit on BAC and FSLY

Good morning Titans!

More earnings this week plus some hot inflation data came in, but honestly probably mixed signals. Market sold off before turning green for the day.

Overall, we're doing really well! Since starting this newsletter in February, we've generated $642 in profit with an average margin requirement of $925. We're holding 100 shares of FSLY assigned at 13, currently trading at 12.17.

BAC

We previously sold a put option at the 34 strike on BAC and can now take profit early. We don't need to wait an entire month for .10 of premium. We'll close the 34 strike put today for .10 or better and then get ready to sell another put next week.