Let’s book fast profits on our Roku (ROKU) put, earning a triple-digit annualized rate of return.
I may be putting on new trades as early as this week via alert, so keep an eye on your inbox.
Current Stock Price: $79.69
Cash in Hand: $0.53
Action: Buy to close the ROKU Aug Week Two (8/12) 71 Put
Current Option Price: $0.12-$0.14
Recommended Limit: Set your initial limit order at $0.13, but adjust as needed to close today
Profit: $0.40, or $40 per contract
Rate of Return: 0.6% in two days, or 103% on an annualized basis