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