Middleby (MIDD) dropped over 5% today putting me in a 72% profit in less than a day so I closed the position and skipped away into the horizon. Here is the trade summary.
Closed Jul 15 115/125 put vertical at $5.10 (bought at $2.96) for a 72% profit.
The original trade setup was in yesterday's post just below this post.
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PLEASE NOTE: THIS IS AN ELLIOTT WAVE BLOG EXPRESSING AN OPINION AND IN NO WAY GUARANTEES OR IMPLIES ANY PROFIT OR GAIN. TRADE AT YOUR OWN RISK.
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