By Karim Rahemtulla We closed out another successful put sell in The War Room…
Even over a holiday break! Just a day after we closed The War Room, shares of American Airlines (Nasdaq: AAL) took off. Fortunately for War Room members, we already had instructions in place to close the position.
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Let’s back up for a minute…
What is a put sell?
A put sell is a type of options play where you sell a put option with the hopes of buying it back for less and cashing in on that drop in price.
The put option will decrease in value as the share price increases in value. …read more
