FREE OPTIONS-TRADING LESSONS HERE
6/29/2021
sell -1 July 16, 2021 $60 put at $1.51
- oversold
- 17 DTE
- GIS = $60.03
- Prob ITM = 52% (high!) <--- taking advantage of "volatility crush"
- earnings on June 30 (before market-open)
7/15/2021
buy back short put at $0.50 to remove the risk
NET PROFIT: $99.68
