Let’s book fast profits on our First Solar (FSLR) put, earning 0.4% in two days, or 77% annualized.
Current Stock Price: $160.42
Cash in Hand: $1.11
Action: Buy to close the FSLR Nov Monthly (11/18) 150 Put for around $0.48, but adjust as needed to close today
Profit: $0.63, or $63 per contract