FREE OPTIONS-TRADING LESSONS HERE.
2/24/2022
buy +4 March 18, 2022 $83.22 calls at $0.12 (prob ITM 3%)
sell -4 March 18, 2022 $72 calls at $1.12 (prob ITM 17.60%)
- net credit: $1.00 x 400 = $400
- ARKK = $63.21 (+2.31)
- oversold
- 22 DTE
3/18/2022
buy back the four short calls ($72 strike) at $0.01
let the four long calls expire [I could not sell (to close) them . . . no buyers]
PROFIT: $396