This is not the kind of market where it pays to get greedy. Let’s book fast profits on our D.R. Horton (DHI) put, earning a 0.3% return in three days, or 35% annualized.
Current Stock Price: $95.40
Cash in Hand: $0.87
Action: Buy to close the DHI Jan Week Four (1/27) 95 Put for around $0.60, but adjust as needed to close today
Profit: $0.27, or $27 per contract