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Monday, November 1, 2021

Option trade : Bullish Consumer Staples ETF (XLP) trade, 11/5/2021 exp | $124 profit

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Tue. 9/28/2021

sell -2 Nov 5, 2021 $67 puts at $0.65

  • low stochastics
  • 38 DTE
  • prob ITM: 30%
  • XLP = $69

Thu. 10/28/2021

buy back puts at $0.03

NET PROFIT:  $122.66 (30 days)

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