FREE OPTIONS-TRADING LESSONS HERE
4/14/2022
sell -2 May 20, 2022 $145 put at $1.11 (prob ITM 13%)
buy +2 May 20, 2022 $100 put at $0.05 (prob ITM 0.87%)
- net credit: $1.06
- oversold
- 36 DTE
- margin: $1546
- AAPL = $166.80
5/4/2022
buy back the $145 puts at $0.50 to remove the risk
5/6/2022
sell (to close) the $100 long puts at $0.04 to recover some credit
NET PROFIT: $114.70