Let’s book fast profits on our YETI Holdings (YETI) put.
Current Stock Price: $94.77
Cash in Hand: $0.80
Action: Buy to close the YETI Jun Week Two (6/11) 90.50 Put
Current Option Price: $0.05-$0.15
Recommended Limit: Set your initial limit order at $0.10, but adjust as needed to close today
Profit: $0.70, or $70 per contract
Rate of Return: 0.8% in three days, or 94% on an annualized basis