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Tuesday, June 14, 2022

Option trade : Biotech Sector ETF (XBI) bearish trade

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3/7/2022

buy +2 April 22, 2022 $125 calls at $0.15

sell -2 April 22, 2022 $98 calls at $1.27

  • net credit:  $1.12
  • oversold
  • 46 DTE


4/22/2022  <--- Expiration

XBI =  $79.84

all calls expired

PROFIT:  $224