I don’t trust this market. Let’s book profits on our Apple (AAPL), Advanced Micro Devices (AMD), Corning (GLW) and JPMorgan Chase (JPM) positions.
AAPL Sep Monthly (9/18) 115 Put
Current Stock Price: $117.10
Cash in Hand: $4.80
Action: Buy to close the AAPL Sep Monthly (9/18) 115 Put for around $3.28
Profit: $1.52, or $1.52 per contract
AMD Sep Monthly (9/18) 80 Put
Current Stock Price: $80.55
Cash in Hand: $3.45
Action: Buy to close the AMD Sep Monthly (9/18) 80 Put for around $2.50
Profit: $0.95, or $95 per contract
GLW Sep Monthly (9/18) 33 Put
Current Stock Price: $32.89
Cash in Hand: $1.25
Action: Buy to close the GLW Sep Monthly (9/18) 33 Put for around $0.72
Profit: $0.53, or $53 per contract.
JPM Sep Monthly (9/18) 97 Put
Current Stock Price: $100.59
Cash in Hand: $1.80
Action: Buy to close the JPM Sep Monthly (9/18) 97 Put for around $0.86
Profit: $0.94, or $94 per contract