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Saturday, June 18, 2022

Options trade : Kellogg Company (K) bullish trade

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3/10/2022

sell -1 June 17, 2022 $52.50 put at $1.05

  • oversold
  • 99 DTE
  • probability ITM:  23%
  • K = $61


6/17/2022  <--- EXPIRATION FRIDAY

K closed at $67.54

short put expired "worthless"

PROFIT:  $105