FREE OPTIONS-TRADING LESSONS HERE!
6/7/2022
buy +2 July 15, 2022 $90 calls at $0.25 (prob ITM 4.28%)
sell -2 July 15, 2022 $81 calls at $1.20 (prob ITM 18%)
- net credit: $0.95
- XBI = $71.82
- overbought
- 38 DTE
6/14/2022
buy back the two short calls ($81 strike) at $0.18 to remove the risk
PROFIT: $154
