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OIB Trade Alert: TTD

I am recommending we book fast profits on The Trade Desk (TTD), earning an excellent annualized rate of return and freeing up capital for new trades this week.

Current Stock Price: $43.80

Cash in Hand: $0.32

Action: Buy to close the TTD Jan Week Two (1/13) 38 Put

Current Option Price: $0.11-$0.12

Recommended Limit: Set your initial limit order at $0.12, but adjust as needed to close today

Profit: $0.20, or $20 per contract

Rate of Return: 0.5% in four days, or 48% on an annualized basis

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