I closed $FTNT 20240712 57.0 P-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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I closed $FTNT 20240712 57.0 PUT$ ,Took profit on my cash secured put as it got rejected by the 200 day simple moving average. The 20 simple moving average doesn’t look like it is holding so better to protect my profits. Can always sell another put later

FTNT PUT

06-19 02:14

US20240712 57.0

Side	Price	Realized P&L
Buy Close	0.62	+52.32% Closed

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MaxGain
·06-19
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This is a company on a downward trajectory henceforth in my view, understanding of its business and the current team of executives running it. Definitely a good stock to sell short as it goes down towards being put out of business by it’s much more advanced competitors.
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zippiee
·06-19
Great move
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