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Wednesday, March 31, 2021

Options trade: Electronic Arts (EA) short put | How to sell put options

 Wednesday, 2/24/2021

sell -1 April 16, 2021  $130 put at $3.35

prob ITM 34%

51 DTE


Wednesday, 3/31/2021 (16 DTE)

I bought back the short put at $1.00 to remove the risk of assignment (prob ITM = 23%)

NET PROFIT:  $233.67