TRADE: Out $BE 7/31 $140 Put @ $0.22

Decided to close this CSP early for a 95% gain after the huge leg up this morning to free up collateral for other opportunities. BE is +30% in a single day - wow! I don't have enough conviction in the underlying and it's just a little too volatile and frothy for my risk tolerance but happy with the option trade which yielded a 417% annualized return on capital at risk.