Let’s book fast profits on our Marriott (MAR) put, earning a 0.3% return in two days, or 58% annualized.
Current Stock Price: $179.92
Cash in Hand: $0.75
Action: Buy to close the MAR Feb Monthly (2/17) 172.50 Put for around $0.20, but adjust as needed to close today
Profit: $0.55, or $55 per contract