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Thu. 1/20/2022
buy +1 Jan 21, 2022 $22 put at $1.10
sell -1 Jan 21, 2022 $21 put at $0.45
- net debit: $0.65
- oversold
- 1 DTE
Fri. 1/21/2022 (12:35:15 pm, PT) (expiration)
sell (to close) entire put spread for $1.00 (see NOTE below)
NET PROFIT: $32.35 (1 day)
NOTE:
I was pleasantly surprised that I was able to get the full (max) value for this put spread even though I still had 25 minutes left until expiration! Thanks, market makers!
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