FREE OPTIONS-TRADING LESSONS HERE.
5/19/2022
buy +2 July 1, 2022 $100 calls at $0.15 (prob ITM 4%)
sell -2 July 1, 2022 $80 calls at $1.50 (prob ITM 18%)
- net credit: $1.35
- XBI = $69.28
- 43 DTE
6/14/2022
buy back the two short calls ($80 strike) at $0.14 to remove the risk
PROFIT: $242
