Let’s book profits on our Amazon (AMZN) put, earning a 0.6% return in six days, or 37% annualized.
Current Stock Price: $130.37
Cash in Hand: $1.05
Action: Buy to close the AMZN 21 Jul 123 Put for around $0.31, but adjust as needed to close today
Profit: $0.74, or $74 per contract