Thanks to strong oil prices in the past month, my naked put trades in Marathon Petroleum and Exxon Mobil which were opened in February were closed profitably today.

The naked put trade that I opened today was for PayPal and was based on Mar-26 $235.00 puts which I sold for $2.36 each. As per the table below, this trade could generate an annualized return after commissions of 32.2%.