I am recommending we book fast profits on The Trade Desk (TTD), earning an excellent annualized rate of return.
Current Stock Price: $59.18
Cash in Hand: $0.88
Action: Buy to close the TTD Mar Monthly (3/17) 55 Put
Current Option Price: $0.40-$0.49
Recommended Limit: Set your initial limit order at $0.45, but adjust as needed to close today
Profit: $0.43, or $43 per contract
Rate of Return: 0.8% in three days, or 95% on an annualized basis