Let’s kick off the new year by pocketing some terrific profits in Advanced Micro Devices (AMD), Nike (NKE), Taiwan Semiconductor Manufacturing (TSM) and The Trade Desk (TTD).
AMD Jan Week One (1/7) 145 Put
Current Stock Price: $149.38
Cash in Hand: $10.44
Action: Buy to close the AMD Jan Week One (1/7) 145 Put for around $1.57, but adjust as needed to close today
Profit: $8.87, or $887 per contract
NKE Jan Week One (1/7) 160 Put
Note: No action is needed on the NKE Jan Week One (1/7) 155/145 Put Spread at this time.
Current Stock Price: $163.53
Cash in Hand: $1.45
Action: Buy to close the NKE Jan Week One (1/7) 160 Put for around $0.53, but adjust as needed to close today
Profit: $0.92, or $0.92 per contract
TSM Jan Week One (1/7) 120 Put
Current Stock Price: $128.50
Cash in Hand: $4.50
Action: Buy to close the TSM Jan Week One (1/7) 120 Put for around $0.07, but adjust as needed to close today
Profit: $4.43, or $443 per contract
TTD Jan Monthly (1/21) 75 Put
Current Stock Price: $89.35
Cash in Hand: $1.05
Action: Buy to close the TTD Jan Monthly (1/21) 75 Put for around $0.59, but adjust as needed to close today
Profit: $0.46, or $46 per contract