Follow me on Twitter!

Friday, June 4, 2021

Options trade: SPX credit bull put spread, 6/9/2021 exp | 1536% return

Join Patreon for access to my live trades


Thu. 6/3/2021 (6 DTE)

sell -2 June 9, 2021  4090 puts at $4.30 (prob ITM 10.28%)

buy +2 June 9, 2021  4065 puts at $3.00 (prob ITM 7.21%)

  • net credit:  $1.30 x 2 x 100 =  $260
  • SPX = 4199
  • margin (risk):  $5000


Fri. 6/4/2021 (5 DTE)

SPX rose over 37 points today, so I was able to buy back my entire put spread for $0.20 (debit)

NET PROFIT:  $210.40 (1 day!)

Return on capital:  1536% (annualized)

Learn to trade options.

Watch my FREE videos here!