I’ve been waiting for an opportunity to clear my existing (small) positions in this stock. With the latest news that they’re being replaced in the S&P 500, and with earnings coming up this week I decided to take the opportunity to get out for close to even (small profit). Selling puts was very profitable over the last year and a half, but that’s it for me with this name.
Bought to close:
$SIG Apr 20 40 put @ 1.30. Sold for 2.30 on 11/24.
$SIG Jul 20 35 put @ 1.55. Sold for 1.35 on 1/10.