FREE OPTIONS-TRADING LESSONS HERE.
5/19/2022
buy +4 July 1, 2022 $65 calls at $0.25 (prob ITM 3%)
sell -4 July 1, 2022 $53 calls at $1.30 (prob ITM 16%)
- net credit: $1.05 x 400 = $420
- 43 DTE
- ARKK = $43.67 (+2.50)
6/10/2022
buy back the four short calls ($53 strike) at $0.20 to take profits
leave open the four long calls for a future call spread
PROFIT: $340