February 3, 2020 - MDT Alert (NET)

I suggested a short term debit spread on NET and with the way the market has been trading, I want to close this position quickly.

Because I did not suggest a lot of time when I suggested the position, I feel it is better to close the trade out and take a small loss.

Here is how to close the trade.

Sell to Close the February $17.50 call for $1.20

Buy to Close the February $20.00 call for $0.55

The net loss will be a nominal $30 overall, if you traded the suggested 6 lot.

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February 3, 2020 - MDT Alert (NTAP) February 4, 2020

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