Option Alert: Sell ABT Put Options For 115% Profit

Take this action:

Stocks are retracing from this rally. As we indicated in our last update, rising dollar and expectation of rising interest is not good for stocks in shorter term.

Portfolio 2023: QQQ Update
Market Update

Sell, to close, ABT Mar 17 2023 $110 Puts @ $6.60 or better

We are booking 115% profit in three weeks. Although, we have more time for this option to get expire, but we want to book profits today.

Chart when alert was posted:

ABT on Jan 30

Chart today when we are booking 115% profit:

ABT on Feb 21

ABT has potential to go down much further, if you prefer to hold you can but keep a strict stop, so that you can still get out with profits.

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-Alpha Staff

Note: Options can expire worthless. So you must be willing to risk 100% of what you put into trades. Don’t risk funds you cannot afford to lose.

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