Let’s book fast profits on our Blackstone (BX) put, earning a 0.5% return in two days, or 86% annualized.
Current Stock Price: $96.44
Cash in Hand: $0.71
Action: Buy to close the BX Feb Monthly (2/17) 93 Put for around $0.27, but adjust as needed to close today
Profit: $0.44, or $44 per contract