Let’s book fast profits on our Lennar (LEN) put, earning a 0.5% return in two days, or 91% annualized.
Current Stock Price: $95.42
Cash in Hand: $0.95
Action: Buy to close the LEN Jan Week Two (1/13) 90 Put for around $0.50, but adjust as needed to close today
Profit: $0.45, or $45 per contract