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Monday, June 20, 2022

Options trade : SPX bearish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


1/27/2021

buy +1 Feb 26, 2021  4030 call at $6.39 (prob ITM 7%)

sell -1 Feb 26, 2021  3990 call at $10.94 (prob ITM 11%)

  • net credit:  $4.55
  • margin:  $3962
  • SPX down over 100 points
  • 30 DTE


2/25/2021

buy back call spread at $0.10

NET PROFIT:  $440.22

SPX settled at 3811.15 on Feb 26 (expiration)