FREE OPTIONS-TRADING LESSONS HERE.
1/13/2022
buy +2 Feb 18, 2022 $128 calls at $0.09 (prob ITM 2%)
sell -2 Feb 18, 2022 $111 calls at $1.19 (prob ITM 16%)
- net credit: $1.10
- XBI = $99
- 36 DTE
- oversold
2/7/2022
buy back the two short calls ($111 strike) at $0.05 to remove the risk
let the long calls expire
PROFIT: $210
