Let’s book fast profits on our Capital One Financial (COF) put.
Current Stock Price: $93.76
Cash in Hand: $0.81
Action: Buy to close the COF 26 May 88 Put
Recommended Limit: Set your initial limit order at $0.45, but adjust as needed to close today
Profit: $0.36, or $36 per contract
Rate of Return: 0.4% in one day