The Trade Desk (TTD) is up sharply today. Let’s book profits now.
Current Stock Price: $65.78
Cash in Hand: $0.68
Action: Buy to close the TTD Apr Week Four (4/22) 59 Put
Current Option Price: $0.24-$0.26
Recommended Limit: Set your initial limit order at $0.25, but adjust as needed to close today
Profit: $0.43, or $43 per contract
Rate of Return: 0.7% in eight days, or 33% on an annualized basis