Let’s book profits on our Apple (AAPL), Applied Materials (AMAT) and SPDR S&P Regional Banking ETF (KRE) positions.
AAPL Dec Week Four (12/23) 170 Put
Current Stock Price: $173.38
Cash in Hand: $3.15
Action: Buy to close the AAPL Dec Week Four (12/23) 170 Put for around $0.45, but adjust as needed to close today
Profit: $2.70, or $270 per contract
AMAT Dec Week Four (12/23) 147 Put
Current Stock Price: $149.56
Cash in Hand: $2.59
Action: Buy to close the AMAT Dec Week Four (12/23) 147 Put for around $0.59, but adjust as needed to close today
Profit: $2, or $200 per contract
KRE Dec Week Four (12/23) 70 Put
Current Stock Price: $69.19
Cash in Hand: $1.45
Action: Buy to close the KRE Dec Week Four (12/23) 70 Put for around $1.05, but adjust as needed to close today
Profit: $0.40, or $40 per contract