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Wednesday, March 9, 2022

Option trade : Match Group (MTCH) bullish trade

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Mon. 5/17/2021

sell -1 June 18, 2021  $120 put at $1.07

  • prob ITM:  13.45%
  • MTCH = $139.44 (-2.75)
  • oversold
  • 32 DTE


Fri. 5/28/2021

buy back short put at $0.20 to remove the risk

NET PROFIT:  $85.68 (11 days)


Reasons for closing the trade:

  • MTCH is overbought
  • 21 DTE