Option trade : Ultra-VIX ETF (UVXY) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS.

6/10/2022

sell -4 July 1, 2022 $12.50 puts at $0.63 (prob ITM 33%)

• reuse long puts ($5 strike) from a previous trade to create a credit put spread
• 21 DTE

6/13/2022

buy back the four short puts ($12.50 strike) to take profits

PROFIT:  $160