I bought this put on 12/26 for $8.60.
At the time, one of my exit orders was to get out with a trailing stop loss if the stock crossed below $43.25. I later increased that to $43.50, and today the stock dropped below that and the option was sold at a nice profit. This is now my most profitable trade so far both in dollar and percentage terms.
This was a well-executed trade. I got in according to the plan, set a profit target, and got out profitably.
