Option trade: Bullish Technology Sector trade | $115 profit

Trade with me on PATREON!

Thu. 9/30/2021

sell -1 Nov 5, 2021 $143 put at $2.20

• prob ITM: 30%
• XLK = $150.41
• oversold
• 36 DTE

Mon. 10/11/2021

buy back short put at $1.05 to remove the risk of assignment

PROFIT:  $115 (11 days)

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