Roku (ROKU) is running up today. Let’s book profits on our put now, earning a 0.9% return in nine days, or 38% annualized.
Current Stock Price: $54.20
Cash in Hand: $0.82
Action: Buy to close the ROKU May Monthly (5/19) 53 Put for around $0.32, but adjust as needed to close today
Profit: $0.50, or $50 per contract