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Monday, June 20, 2022

Options trade : SPX bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


8/26/2021

sell -1 Sep 1, 2021 4340 put at $4.94 (prob ITM 10.34%)

buy +1 Sep 1, 2021 4225 put at $2.34 (prob ITM 4.31%)

  • net credit:  $2.60
  • SPX = 4479 (-16.80)
  • 6 DTE


9/1/2021 (expiration)

SPX = 4524.09

All puts expired perfectly

PROFIT:  $260