Trade of the Week: S

Trade of the Week

In our 48-Hour Income service last week, we sold a put on cybersecurity company, SentinelOne (S). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. S was about to announce earnings later in the week, and its puts looked expensive. The stock ended up reacting positively to earnings results, and we generated 1.7% returns in around 2 days.