Put Options on ADNT on 1/7/2019

Adient plc (ADNT) designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks.

It operates through three segments: Seating, Seat Structures and Mechanisms (SS&M), and Interiors.

The Seating segment produces seat systems for automotive and other mobility applications, as well as various components of seat systems, including foams, trims, and fabrics.

The SS&M segment produces seat structures and mechanisms for inclusion in seat systems that are produced by others.

The Interiors segment produces instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, decorative trims, and other products.

The company operates in the Americas, Europe, China, and internationally. Shares have fallen below all support despite a strong auto market. Lower share prices are expected for this stock.

We will be trading February 15th Put Options

Last Trade: $15.18

Trading Range: $14.80 - $84.20

Trade Buy 1 February $16.00 Put at $2.00 For a net debit of $2.00 Profit/Loss Analysis Breakeven at $14.00 Maximum profit is unbounded Maximum loss is ($200.00) at strike of $16.00 Closing Summary Sold 1 February $16.00 Put at $0.00

Position closed on 2/15/2019 at price of $0.00 with a -100.00% loss in 39 days.

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