Too far too fast

Updated
Put spreads on this one. I should have done so on Friday.
Trade active
Trading at 30x forward sales = yikes.
Aug exp 110 - 97.5 put spreads
Note
Correction PG @ 23x earnings still pretty high valuation
Note
The stock gets upgraded today by GS with a PT of $125. This idea is a bust at least in the short term
Trade closed: stop reached
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