Let’s book profits on our Crocs (CROX) put, earning a 0.8% return in five days, or 46% annualized.
Current Stock Price: $124.10
Cash in Hand: $4.50
Action: Buy to close the CROX Mar Monthly (3/17) 120 Put for around $3.75, but adjust as needed to close today
Profit: $0.75, or $75 per contract