I am recommending we book profits on our Blackstone (BX) put.
Current Stock Price: $90.96
Cash in Hand: $0.79
Action: Buy to close the BX Mar Week Two (3/10) 86 Put
Current Option Price: $0.25-$0.28
Recommended Limit: Set your initial limit order at $0.27, but adjust as needed to close today
Profit: $0.52, or $52 per contract
Rate of Return: 0.6% in seven days, or 32% on an annualized basis