I am recommending we book profits on our Corning (GLW) position.
Current Stock Price: $43.32
Cash in Hand: $0.76
Action: Buy to close the GLW Apr Week One (4/1) 41 Put
Current Option Price: $0.09-$0.19
Recommended Limit: Set your initial limit order at $0.14, but adjust as needed to close today
Profit: $0.62, or $62 per contract
Rate of Return: 1.5% in eight days, or 69% on an annualized basis