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Tuesday, July 21, 2020

Options trade: How to sell put options | Coca Cola (KO)

Thu. 7/9/2020 (12:02:06 pm, PT)

sell (to open) -2 August 21, 2020  $40 puts at $0.53

Stats:

  • probability ITM:  22%
  • stochastics "oversold"
  • 43 days 'til expiration (DTE)
  • earnings release on July 21, 2020 before Market Open


Mon. 7/20/2020 (11:51:44 pm, PT)

buy (to close) put at $0.16

Stats:

  • stochastics "overbought"
  • 32 DTE
  • earnings release on July 21 (the next morning)

NET PROFIT:  $71.34