I am recommending we take profits off the table in Crocs (CROX), Sonos (SONO) and Williams-Sonoma (WSM).
CROX Aug Monthly (8/20) 140 Put
Current Stock Price: $144.19
Cash in Hand: $2.10
Action: Buy to close the CROX Aug Monthly (8/20) 140 Put for around $0.95
Profit: $1.15, or $115 per contract
SONO Aug Monthly (8/20) 35.50 Put
Current Stock Price: $38.91
Cash in Hand: $0.70
Action: Buy to close the SONO Aug Monthly (8/20) 35.50 Put for around $0.15
Profit: $0.55, or $55 per contract
WSM Aug Monthly (8/20) 165 Call
Current Stock Price: $162.69
Cost Basis: $156.48
Action:
- Buy to close the WSM Aug Monthly (8/20) 165 Call for around $1.55
- Sell shares at market
Profit: $4.66, or $466 per 100 shares