FREE OPTIONS-TRADING LESSONS HERE.
2/11/2022
buy +4 March 18, 2022 $108.22 calls at $0.09 (prob ITM 1.20%)
sell -4 March 18, 2022 $84.22 calls at $1.37 (prob ITM 16%)
- net credit: $1.28 x 400 = $512
- ARKK = $71.90
- overbought
2/18/2022
buy back the four short calls ($84.22 strike) at $0.28 to take profits
leave the long calls open for a future call spread
PROFIT: $400
