February 21, 2020 - MDT Alert (ZEN)

Like a lot of stocks today, ZEN is oversold.

Because of this, I am going to suggest you close the position and book a small profit.
 
Here is how you close the deal.

Sell to Close (1) March 20th - $87.50 call @ $2.90. The 1 call will net $290.

Sell to Close (2) March 28th - $87.50 put @ $3.80. The two puts will net $760.

The credit will be about $1,050 based on the position size I suggested yesterday.

The gain will be about $90 for one day.

/by

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February 21, 2020 Trade Alert - (WYNN) February 21, 2020 - BUY

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