Option Investor

Unless you desire to own RZ you should consider closing out your RZ short put for January

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Unless you want the stock you should close out your RZ position. Although there is a chance that the stock could bounce, there is an equal or greater chance that it will not.

So unless you want to OWN the stock you should close out your position at this time
The bid and ask is anywhere from $0.15 - $0.40 DEBIT as I type. It could change at anytime. Consider that as you place your orders.

This is the second blog regarding this issue today.

POINT TO PONDER: just remember this position could have been closed out for $0.05 yesterday. Remember "Murphy's Law"

I have discussed that many , many, many times

It looks like "Murphy Law" has made another unwelcomed appearance on another expiration day

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