There’s simply too much cash on the table with our Crocs (CROX) put to ignore. Let’s book profits now, earning a 0.8% return in two days, or 150% annualized.
Current Stock Price: $98.88
Cash in Hand: $2.60
Action: Buy to close the CROX Jan Monthly (1/20) 85 Put for around $1.90, but adjust as needed to close today
Profit: $0.70, or $70 per contract