Options trading : Biotech Sector ETF (XBI) bullish trade

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Wednesday, 10/20/2021 

sell -1 November 19, 2021  $116 put at $1.26

• prob ITM = 24%
• XBI = $123.19
• oversold
• 30 DTE

Friday, 11/19/2021 (expiration)

XBI = $121.92

My short put expired "worthless."

NET PROFIT: $125.34

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