Liz here – with the recession countdown finally reaching zero!

Yesterday, the stock market notched its worst first 6 months of the year since 1970 – and not surprisingly, a lot of our puts closed up big. (I’m writing this before open, so what happens today remains to be seen.)

I do want to lock in some of those profits right now, though.

After we took off over 60% on the first half of CJ’s BKR puts, the remaining half of the position dipped down and then started to climb again! Right now, it’s up 33%, and I want to take off another leg of profits and leave the last bit open for F.U. money.

We took off double digits yesterday on the first half of our BLEH play, Carvana, and it’s still coming in hot at a 36% profit. Let’s lock in another round there as well.

We’ve ALSO seen a 50% leap in Mark’s new short cannabis play! We’ll take off the first half of MSOS, too.

Finally, just for a little mini-chaser, let’s take off 13% on our POSH puts. BLEH!

Here’s what to do…

Take 4 Profits Now

ACTIONS to TAKE

Sell to close half of your remaining BKR August 19, 2022 $30 Puts. Leave the remaining ¼ of your original position open for further upside.

Sell to close half of your remaining CVNA August 19, 2022 $17.50 Puts. Leave the remaining ¼ of your original position open for further upside.

Sell to close half of your MSOS July 15, 2022 $11.50 puts. Leave the rest of the position open for further upside.

Sell to close half of your POSH January 20, 2023 $7.50 Puts. Leave the rest of the position open for further upside.

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