Let’s book fast profits on our JPMorgan Chase (JPM) put, earning a 0.3% return in two days, or 56% annualized.
And please be on the lookout for new trades via alert.
Current Stock Price: $117.73
Cash in Hand: $0.60
Action: Buy to close the JPM Oct Monthly (10/21) 115 Put for around $0.25, but adjust as needed to close today
Profit: $0.35, or $35 per contract