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OIB Trade Alert: CROX, MLHR

Let’s continue booking profits today by closing our Crocs (CROX) and Herman Miller (MLHR) positions.

CROX Jan Monthly (1/15) 70 Call

Current Stock Price: $66.61

Cost Basis: $62

Action:

  • Buy to close the CROX Jan Monthly (1/15) 70 Call for around $1.28
  • Sell shares at market

Profit: $3.33, or $333 per 100 shares

Rate of Return: 5.2% in 23 days, or 83% on an annualized basis

MLHR Jan Monthly (1/15) 35 Call

Current Stock Price: $35.04

Cost Basis: $32.55

Action:

  • Buy to close the MLHR Jan Monthly (1/15) 35 Call for around $1.15
  • Sell shares at market

Profit: $1.34, or $134 per 100 shares

Rate of Return: 4% in 16 days, or 91% on an annualized basis

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