Put Spread on WTW on 1/12/2015

Weight Watchers International, Inc. (WTW) provides weight management services in North America, the United Kingdom, Continental Europe, Australia, New Zealand, and internationally.

It offers a range of products and services comprising nutritional, exercise, and behavioral tools and approaches. The company also provides various products, including bars, snacks, cookbooks, food, and restaurant guides with PointsPlus values, Weight Watchers magazines, PointsPlus calculators, and fitness kits, as well as ActiveLink, an activity monitor and Web experience that tracks activity throughout the day.

In addition, it offers Internet subscription products, such as Weight Watchers Online that offers online and mobile content, functionality, resources, and interactive Web-based weight management plans; and Weight Watchers eTools, an Internet weight management product, which allows users to manage the day-to-day aspects of weight management plans online or via their mobile devices, discover different food options, and keep track of their weight management efforts. 

Shares have formed a bearsih "flag" and lower share prices are expected for this stock. Weight Watchers saw declining sales over the last seven quarter, and analysts  expect revenue to fall another 4.2% in 2015.

52-Weeks Trading Range: $18.53 - $32.95

Last Trade: $18.96

Trade Sell 1 February $15.00 Put at $0.50 Buy 1 February $19.00 Put at $2.00 For a net debit of $1.50 Profit/Loss Analysis Breakeven at $17.50 Maximum profit is $250.00 at strike of $15.00 Maximum loss is ($150.00) at strike of $19.00 Closing Summary Bought 1 February $15.00 Put at $0.00 Sold 1 February $19.00 Put at $0.55

Position closed on 2/20/2015 at price of $0.55 with a -63.33% loss in 38 days.

Updates

2/20/2015 10:34:05 AM

We are closing WTW put spread. Closed at 55c

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