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OIB Trade Alert: RUN

Let’s book profits on Sunrun (RUN).

Current Stock Price: $54.81

Cash in Hand: $2.35

Action: Buy to close the RUN Jul Monthly (7/16) 55 Put

Current Option Price: $1.55-$1.60

Recommended Limit: Set your initial limit order at $1.60, but adjust as needed to close today

Profit: $0.75, or $75 per contract

Rate of Return: 1.4% in 15 days, or 33% on an annualized basis

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