Corning (GLW) is breaking out. It is time for us to close our very successful rolled position.
Current Stock Price: $38.80
Cash in Hand: $1.22
Action: Buy to close the GLW Nov Monthly (11/19) 37 Put
Current Option Price: $0.17-$0.25
Recommended Limit: Set your initial limit order at $0.22, but adjust as needed to close today
Profit: $1, or $100 per contract
Rate of Return: 2.7% in 15 days, or 66% on an annualized basis