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Wed. 12/23/2020
sell -1 Jan 29, 2021 $113 put at $1.10 (prob ITM 15%)
buy +1 Jan 29, 2021 $65 put at $0.06 (prob ITM 1%)
- net credit: $1.04
- margin: $582
- overbought stochastics
- 37 DTE
- earnings on 1/27/2021
Mon. 1/25/2021
buy back short put ($113 strike) at $0.03 to take profits
let long put ($65 strike) expire on Jan 29, 2021
NET PROFIT: $99.67