Skillz Inc (SKLZ) shares are up around 6% today and our short position in two put option contracts (strike: $15; expiration: 16JUL2021) closed to net 2.1% over 14 days. With just $3,000 exposed to the trade, we cleared $63.25 for an annualized return of 55%. We netted 74.7% of the premium over just 38.9% of the time to expiration.