Let’s book fast profits on our Airbnb (ABNB) put, earning a 0.5% return in two days, or 87% annualized.
Current Stock Price: $118.79
Cash in Hand: $0.93
Action: Buy to close the ABNB Jun Monthly (6/16) 111 Put for around $0.40, but adjust as needed to close today
Profit: $0.53, or $53 per contract