Given the way the market is trading, I am recommending we close our Apple (AAPL) and Lyft (LYFT) puts now.
I also want to book profits on our New York Times Company (NYT) position.
AAPL Feb Week Two (2/11) 172.50 Put
Current Stock Price: $172.96
Cash in Hand: $1.11
Action: Buy to close the AAPL Feb Week Two (2/11) 172.50 Put for around $0.95, but adjust as needed to close today
Profit: $0.16, or $16 per contract
LYFT Feb Week Two (2/11) 41 Put
Current Stock Price: $42.54
Cash in Hand: $0.45
Action: Buy to close the LYFT Feb Week Two (2/11) 41 Put for around $0.22, but adjust as needed to close today
Profit: $0.23, or $23 per contract
NYT Feb Monthly (2/18) 40 Put
Current Stock Price: $41.54
Cash in Hand: $0.70
Action: Buy to close the NYT Feb Monthly (2/18) 40 Put for around $0.35, but adjust as needed to close today
Profit: $0.35, or $35 per contract