CPI came in hotter than expected across the board, leading to another decline in stocks and a jump in interest rates.

Given this move, we’re locking in a 56% gain on these puts, translating to an impressive 4,076% annualized return and a $201 profit on the minimum order.

With additional inflation data set to be released later this week, market volatility is likely to continue.


Chris Douthit
Chris Douthit

Chris Douthit, MBA, CSPO, is a former professional trader for Goldman Sachs and the founder of OptionStrategiesInsider.com. His work, market predictions, and options strategies approach has been featured on NASDAQ, Seeking Alpha, Marketplace, and Hackernoon.