CVS Health (CVS) is running up today, allowing us to book exceptional short-term profits.
Current Stock Price: $82.12
Cash in Hand: $0.95
Action: Buy to close the CVS May Week One (5/7) 80 Put
Current Option Price: $0.09-$0.11
Recommended Limit: Set your initial limit order at $0.10, but adjust as needed to close today
Profit: $0.85, or $85 per contract
Rate of Return: 1.1% in two days, or 194% on an annualized basis