Put Options on PK on 12/31/2018

Park Hotel (PK) is the second largest publicly traded lodging REIT with a diverse portfolio of market-leading hotels and resorts with significant underlying real estate value.

Park's portfolio consists of 54 premium-branded hotels and resorts with over 32,000 rooms, a majority of which are located in prime United States markets with high barriers to entry.

Shares have fallen through a key support level and are expected to move lower. 

We will be trading January 18th Put Options

Last Trade: $25.82

Trading Range: $23.91 - $34.27

Trade Buy 1 January $25.00 Put at $0.45 For a net debit of $0.45 Profit/Loss Analysis Breakeven at $24.55 Maximum profit is unbounded Maximum loss is ($45.00) at strike of $25.00 Closing Summary Sold 1 January $25.00 Put at $0.00

Position closed on 1/18/2019 at price of $0.00 with a -100.00% loss in 18 days.

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