Trade Alert 2/25/2025

We own 2 contracts of the CCJ bear put spread. We are closing 1 contract of the spread. The profit from this 1 spread will more than pay for the other contract. So, we will make a little money or a lot of money depending on how the other spread works out at expiration. Sell to close:  CCJ March 21st (monthly) 45.00 strike put Buy to close: CCJ March 21st (monthly) 40.00 strike put Credit:  2.39 Profit of +1.40 or +$140.00 on this spread