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OIB Trade Alert: TTD

The Trade Desk (TTD) is up nearly 7% today. Let’s book fast profits on our put position.

Current Stock Price: $54.07

Cash in Hand: $0.50

Action: Buy to close the TTD Oct Monthly (10/21) 45 Put

Current Option Price: $0.13-$0.15

Recommended Limit: Set your initial limit order at $0.14, but adjust as needed to close today

Profit: $0.36, or $36 per contract

Rate of Return: 0.8% in four days, or 73% on an annualized basis

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