Let’s book fast profits on our Airbnb (ABNB) put, earning a 0.5% return in two days, or 87% annualized. Current Stock Price: $118.79 Cash in Hand: $0.93 Action: Buy to close the ABNB Jun Monthly (6/16) 111 Put for around $0.40, but adjust as needed to close today Profit: $0.53, or $53 per contract

We rolled our Airbnb (ABNB) put yesterday to avoid potential assignment and reduce our risk. With the stock rallying today, we have the opportunity to close the trade with a modest profit now rather than hold it for another two weeks. Let’s do it. Current Stock Price: $111.22 Cash in Hand: $1.40 Action: Buy to…

Airbnb (ABNB) sold off after we entered the position, despite the company recently reporting a 20% year-over-year increase in quarterly revenue and record bookings. Shares hit a low of $103.55 earlier this week, and while they have bounced back some, our put remains in the money. We can roll out two weeks and to a…

Let’s close our Airbnb (ABNB) put with a small profit rather than risk getting assigned or having to roll the position with the company’s earnings announcement on the horizon. Current Stock Price: $114.75 Cash in Hand: $1.34 Action: Buy to close the ABNB Apr Week Four (4/28) 115 Put for around $1.20, but adjust as…