Let’s book profits on our Crocs (CROX) put, earning a 0.9% return in nine days, or 37% annualized.
Current Stock Price: $75.08
Cash in Hand: $1.10
Action: Buy to close the CROX Sep Monthly (9/16) 65 Put for around $0.50, but adjust as needed to close today
Profit: $0.60, or $60 per contract