Let’s book fast profits on our Lennar (LEN) put, earning a 0.6% return in three days, or 72% annualized.
Current Stock Price: $88.49
Cash in Hand: $0.60
Action: Buy to close the LEN Dec Week One (12/2) 84 Put for around $0.10, but adjust as needed to close today
Profit: $0.50, or $50 per contract