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Thu. 12/10/2020
sell -1 Jan 15, 2021 $60 put at $0.95 (prob ITM 36%)
buy +1 Jan 15, 2021 $50 put at $0.05 (prob ITM 2.61%)
- net credit: $0.90
- margin: $1000
- low stochastic
- 36 DTE
Tue. 1/12/2021 (roll short put only)
buy to close 1 Jan 15 $60 put at $1.90
sell to open 1 Feb 19 $60 put at $2.90
net credit: $1.00 (for the roll)
Then buy to open 1 Feb 19 $47.50 put at $0.09 (this is my "wing")
Thu. 2/18/2021
buy back Feb 19 $60 short put at $0.90 to take profits
let long put ($47.50 strike) expire on Feb 19
NET PROFIT: $87.03
