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Thursday, July 16, 2020

Options trade: How to sell put options | Financial Sector ETF (XLF)

Tue. 7/7/2020 

sell (to open) -1 August 14, 2020  $20.50 put at $0.34

Stats:
  • probability ITM:  22.88%
  • stochastics "oversold"
  • 38 days 'til expiration (DTE)


Thu. 7/16/2020

buy (to close) put at $0.09

Stats:
  • stochastics "overbought"
  • 29 DTE

NET PROFIT:  $23.65

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