I decided to close out my 2 puts in WAG this morning. They don’t expire until October and I was able to lock in a decent profit. I bought to close 2 WAG Oct 20 ’12 $28 Puts @ .25. I made $190 profit not including fees and have updated this on the options tab.
Another way to look at this is that it lowered my purchase price of the 68 shares of WAG I bought on the same day. You can find the post here. I purchased 68 shares @ 28.99 but with the $190 profit I made on the puts it’s as if I purchased those shares at 26.20/share not including commissions.