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Closed MGM Position for $1100 Profit

The markets rallied hard today, but I do not think that this crisis is over. I want to raise cash.

MGM seemed like a good choice for liquidation based on its particularly massive rally.

Sold MGM 100 for 11.47 and bought MGM Apr -17 Put for 5.60 debit for a total profit of $1100 per 10 units.

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