Back in September, we opened a position on Cabot Oil & Gas Corporation (NYSE: COG). We anticipated this trade to be solidly bearish, but it hasn't dropped like we were expecting it to.
The option expires on October 25, but we are going to close out now. The trade is close to a breakeven point, so we're going to take this money and put it to work in a profitable trade we have coming up.
Here's what to do...
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Tickers: COG