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OIB Trade Alert: QS

Let’s take fast profits off the table with QuantumScape (QS) rather than risk watching them slip away.

Current Stock Price: $44.89

Cash in Hand: $0.40

Action: Buy to close the QS Apr Week One (4/1) 40 Put

Current Option Price: $0.05-$0.10

Recommended Limit: Set your initial limit order at $0.08, but adjust as needed to close today

Profit: $0.32, or $32 per contract

Rate of Return: 0.8% in two days, or 146% on an annualized basis

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