Let’s book profits on our Advanced Micro Devices (AMD) and The Trade Desk (TTD) put positions.
AMD Oct Week Two (10/8) 95 Put
Note: No action is needed on the AMD Oct Week Two (10/8) 95/90 Put Spread at this time.
Current Stock Price: $103.46
Cash in Hand: $1.05
Action: Buy to close the AMD Oct Week Two (10/8) 95 Put for around $0.40
Profit: $0.65, or $65 per contract
TTD Oct Week One (10/1) 67 Put
Current Stock Price: $70.18
Cash in Hand: $0.60
Action: Buy to close the TTD Oct Week One (10/1) 67 Put for around $0.25
Profit: $0.35, or $35 per contract