FREE OPTIONS-TRADING LESSONS HERE.
2/23/2022
buy +4 March 25, 2022 $90 calls at $0.12 (prob ITM 2%)
sell -4 March 25, 2022 $72.50 calls at $1.17 (prob ITM 16%)
- net credit: $1.05 x 400 = $420
- oversold
- 30 DTE
- ARKK = $61.52
3/21/2022
buy back the four short calls ($72.50 strike) at $0.10
let the long calls expire (there were no buyers)
PROFIT: $380
