[Flash Alert]: Exit This Trade Right Now

August 3, 2021

Not only has today's strength in this stock put us at the level that we want to exit, but it also has earnings risk.

CVS is due to release earnings before the market open August 4th.

Here's what I'm doing…

Sell-to-close the CVS Aug 6th, 2021, $81.50/78.50 put spread

At last glance, the spread is trading at $0.40.

If filled at that price, it's a 69% loss from entry at $1.11.





Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%