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Wednesday, November 25, 2020

Options trade: How to sell put options | MGM (MGM)

Thu. 11/19/2020 (11:13:15 am, PT)

sell (to open) -1 Nov 27, 2020  $27.50 put at $1.00 (credit)

Stats:

  • probability ITM:  59.43%
  • stochastics "overbought"
  • 8 days 'til expiration (DTE)


Tue. 11/24/2020 (11:36:39 am, PT)

buy (to close) put at $0.18 (debit)

Stats:

  • stochastics "overbought"
  • 3 DTE


NET PROFIT:  $80.68

SUCCESS!

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