Options Bears Quadrupled Their Money With Block Puts
Schaeffer's Weekly Options Countdown subscribers scored an impressive gain with our Block Inc (NYSE:XYZ) weekly 9/5 79-strike put recommendation. In fact, investors quadrupled their money in less than a week, so it's time to dig into the drivers behind this winning trade.At the time of our recommendation on Sunday, Aug. 31, Block (XYZ) had been stuck under 73. It seemed like that could roll over, though, as fintech peers stalled out.What' ...