We can close our Apple (AAPL), Applied Materials (AMAT), Kroger Co. (KR) and Zoom Video Communications (ZM) positions with terrific profits. So, let’s do it!
AAPL Mar Week Four (3/25) 147/142 Put Spread
Current Stock Price: $168.58
Cash in Hand: $0.33
Action:
- Buy to close the AAPL Mar Week Four (3/25) 147 Put for around $0.04
- Sell to close the AAPL Mar Week Four (3/25) 142 Put for around $0.02
- Set initial debit limit at $0.02, but adjust as needed to close today
Profit: $0.31, or $31 per spread
AMAT Mar Week Four (3/25) 120 Put
Current Stock Price: $136.56
Cash in Hand: $1.11
Action: Buy to close the AMAT Mar Week Four (3/25) 120 Put for around $0.06, but adjust as needed to close today
Profit: $1.05, or $105 per contract
KR Mar Week Four (3/25) 54 Put
Current Stock Price: $55.52
Cash in Hand: $0.52
Action: Buy to close the KR Mar Week Four (3/25) 54 Put for around $0.08, but adjust as needed to close today
Profit: $0.44, or $44 per contract
ZM Mar Week Four (3/25) 95/90 Put Spread
Current Stock Price: $120.47
Cash in Hand: $0.37
Action:
- Buy to close the ZM Mar Week Four (3/25) 95 Put for around $0.05
- Sell to close the ZM Mar Week Four (3/25) 90 Put for around $0.03
- Set initial debit limit at $0.02, but adjust as needed to close today
Profit: $0.35, or $35 per spread