I am recommending we book profits on iShares Global Clean Energy ETF (ICLN).
Current Stock Price: $24.03
Cash in Hand: $0.45
Action: Buy to close the ICLN Mar Week Four (3/26) 22.50 Put
Current Option Price: $0.05-$0.10
Recommended Limit: Set your initial limit order at $0.10, but adjust as needed to close today
Profit: $0.35, or $35 per contract
Rate of Return: 1.6% in six days, or 95% on an annualized basis