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Sunday, April 3, 2022

Options trade : AirBnB (ABNB) bearish trade

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Wed. 2/23/2022

buy +1 March 4, 2022 $185 call at $0.12 (prob ITM 1.70%)

sell -1 March 4, 2022 $167.50 call at $1.13 (prob ITM 13%)

  • ABNB = $150.83 (-14.41)
  • margin:  $621
  • net credit:  $1.01
  • 37 stochastics (and dropping)
  • 9 DTE


Mon. 2/28/2022

With 4 days remaining, it's time to close our trade and take profits

buy back entire call spread at $0.45 (debit)

NET PROFIT:  $53.34 (2 days)


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