Let’s book fast profits on our United Airlines (UAL) put, earning a 0.7% return in two days, or 122% annualized.
Current Stock Price: $49.10
Cash in Hand: $0.42
Action: Buy to close the UAL Jan Week Four (1/27) 45 Put for around $0.12, but adjust as needed to close today
Profit: $0.30, or $30 per contract