Let’s close our Airbnb (ABNB) put with a small profit rather than risk getting assigned or having to roll the position with the company’s earnings announcement on the horizon.
Current Stock Price: $114.75
Cash in Hand: $1.34
Action: Buy to close the ABNB Apr Week Four (4/28) 115 Put for around $1.20, but adjust as needed to close today
Profit: $0.14, or $14 per contract