FREE OPTIONS-TRADING LESSONS HERE!
5/13/2022
buy +4 June 24, 2022 $70 calls at $0.12 (prob ITM 1.88%)
sell -4 June 24, 2022 $54 calls at $1.08 (prob ITM 15%)
- net credit: $0.96 x 400 = $384
- ARKK = $43.64 (+4.65)
- 43 DTE
6/3/2022
buy back the four short calls ($54 strike) to take profits
leave open the four long calls for a future call spread
PROFIT: $284