I closed
$ANF 20240328 145.0 CALL$ ,ANF: this is the 2nd leg of the bear call spread that expires worthless. Collected full premium of 0.6% for this bear call spread of $140/145 over a period or 9 days. The premium is limited due to ‘insurance’ bought with the buy call at $145 as I don’t intend to further short the stocks and I already own ANF shorts currently. during this 1.5 weeks, ANF moved nicely in a range, went as high as $139.11 before reversing to $125.33 now. Will continue to look for short opportunities as I think ANF is overpriced.
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