FREE OPTIONS-TRADING LESSONS HERE.
1/21/2022
buy +4 March 4, 2022 $110 calls at $0.12 (prob ITM 1.52%)
sell -4 March 4, 2022 $87 calls at $1.17 (prob ITM 14%)
- net credit: $1.05 x 400 = $420
- oversold
- 42 DTE
2/22/2022
buy back the four short calls ($87 strike) at $0.01
let the long calls expire
PROFIT: $416
