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Saturday, January 22, 2022

Option trade : Bitcoin Futures ETF (BITO) bullish trade

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Wednesday, 10/20/2021 (first day of trading)

sell -1 November 19, 2021  $35 put at $1.05

  • prob ITM = 23%
  • BITO = $43.50
  • 30 DTE


Friday, 11/19/2021 (expiration)

BITO = $37.01

Short put expired "worthless."

NET PROFIT:  $104.33


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