I am recommending we book fast profits on The Trade Desk (TTD) put, earning an excellent annualized rate of return.
Current Stock Price: $59.76
Cash in Hand: $0.46
Action: Buy to close the TTD Mar Week Four (3/24) 55 Put
Current Option Price: $0.12-$0.16
Recommended Limit: Set your initial limit order at $0.14, but adjust as needed to close today
Profit: $0.32, or $32 per contract
Rate of Return: 0.6% in two days, or 106% on an annualized basis