Put Options on HOG on 4/6/2020

Harley-Davidson, Inc. (HOG) manufactures and sells custom, cruiser, and touring motorcycles.

The company operates in two segments, Motorcycles and Related Products and Financial Services.

The Motorcycles and Related Products segment designs, manufactures, and sells on-road Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, general merchandise, and related services. This segment sells its products to retail customers through a network of independent dealers, as well as e-commerce channels in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific.

The Financial Services segment provides wholesale financing services, such as floorplan and open account financing of motorcycles, and parts and accessories; and retail financing services, including installment lending for the purchase of new and used Harley-Davidson motorcycles, as well as point-of-sale protection products comprising motorcycle insurance, extended service contracts, and motorcycle maintenance protection. This segment also licenses the Harley-Davidson brand to third-party financial institutions. 

Last traded at: $15.04

52-week trading range: $14.31 to $41.40

Trade Buy 1 May $15.00 Put at $1.40 For a net debit of $1.40 Profit/Loss Analysis Breakeven at $13.60 Maximum profit is unbounded Maximum loss is ($140.00) at strike of $15.00 Closing Summary Sold 1 May $15.00 Put at $0.01

Position closed on 5/8/2020 at price of $0.01 with a -99.29% loss in 32 days.

Updates

5/8/2020 1:39:13 PM

Close at $00.

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