Buy put options Short

Paychex, Inc.NASDAQ

Description

⋅ Jun 26, 2018 5:26 PM

Buy July $65 put options today, before the earnings tomorrow.

It can go down to $60-$63.

Buying put option instead of shorting the stock limits the risk.

Good luck to everyone.

Comment

⋅ Jun 27, 2018 3:57 PM

It is down but not as much as I hoped for.

Closing the position with a small profit.

Beyond Technical Analysis