Sell the Lowe’s Puts for a Quick 42% Gain

By Linda McDonough • August 15, 2018

Sell to close the October 19, 2018 put on Lowes Company (NYSE:LOW) with a strike price of $97.5 at $4.40 or higher. Symbol (LOW181019P97.5)

Lowes is trading down with the market and the puts are up roughly 42% in the last week. The stock may still roll lower but some value players are taking positions which may limit its downside.

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Asjad Shamim

08/15/18 ‐ 11:36am ET August 15, 2018 at 11:36am ET

Thanks Linda. Closed LOW @ $.4.35 this morning.

Looking forward to similar alerts soon 🙂

Phil L.

08/15/18 ‐ 11:42am ET August 15, 2018 at 11:42am ET

Out yesterday at $4.25

Thanks Linda

Phil

Text hit at 11:39

Wallace Rodriguez

08/15/18 ‐ 11:42am ET August 15, 2018 at 11:42am ET

Out at $4.50!!

Ian

08/15/18 ‐ 11:45am ET August 15, 2018 at 11:45am ET

stc LOW @4.50

Ted

08/15/18 ‐ 11:46am ET August 15, 2018 at 11:46am ET

I closed this earlier this morning.

BTO 3.05
STC 4.25

39% gain – Thanks Linda

Steve S.

08/15/18 ‐ 11:56am ET August 15, 2018 at 11:56am ET

STC @ $4.50 also.
Thanks much, Linda!

Paul

08/15/18 ‐ 11:56am ET August 15, 2018 at 11:56am ET

Sold at $4.50. Thanks Linda !!!

Joseph Lipari

08/15/18 ‐ 12:02pm ET August 15, 2018 at 12:02pm ET

thanks Linda….another nice one

JoeJB

08/15/18 ‐ 12:18pm ET August 15, 2018 at 12:18pm ET

Sold at $4.50. Thanks Linda for another great trade

Claude

08/15/18 ‐ 12:23pm ET August 15, 2018 at 12:23pm ET

STC 4.50
Thanks Linda

Rick Micoli

08/15/18 ‐ 12:27pm ET August 15, 2018 at 12:27pm ET

Thanks Linda sold LOW for 4.45 at 12:25.

Daniel Long

08/15/18 ‐ 1:14pm ET August 15, 2018 at 1:14pm ET

STC 4.35.
40% gain in 1 week.
3 winners.
Thanks for the good work.
DL

Michael E

08/15/18 ‐ 1:23pm ET August 15, 2018 at 1:23pm ET

LOW Filled @$4.41

Thanks Linda!

Donald Lewis

08/15/18 ‐ 1:40pm ET August 15, 2018 at 1:40pm ET

LOW filled @$4.40

Jeff L.

08/15/18 ‐ 2:27pm ET August 15, 2018 at 2:27pm ET

sold at $4.45

John N

08/15/18 ‐ 4:02pm ET August 15, 2018 at 4:02pm ET

Sold at $4.35

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