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Saturday, January 22, 2022

Option trade : Biotech Sector ETF (XBI) bullish trade

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Wednesday, 8/18/2021 (10:38 am, PT)

sell -1 September 24, 2021 $112 put at $1.29

  • FOMC minutes at 11 am (PT)
  • oversold
  • 37 DTE
  • XBI = $123.80
  • prob ITM = 20%


Wednesday, 9/22/2021

buy back put option at $0.02

NET PROFIT:  $126.33 (35 days)


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