The Trade Desk (TTD) is up around 5% this morning. Let’s book profits on our put, earning a 0.7% return in six days, or 45% annualized, and freeing up capital for Income Madness, which kicks off at noon Eastern today.
Current Stock Price: $60.30
Cash in Hand: $0.58
Action: Buy to close the TTD Sep Week Five (9/30) 53 Put for around $0.19, but adjust as needed to close today
Profit: $0.39, or $39 per contract