FREE OPTIONS TRADING LESSONS HERE.
10/27/2021
sell -2 Nov 19, 2021 $436 puts at $2.06 (prob ITM 19%)
buy +2 Nov 19, 2021 $377 puts at $0.21 (prob ITM 2%)
- net credit: $1.85
- overbought
- 22 DTE
11/18/2021
buy back the $436 short puts at $0.02 to remove the risk
PROFIT: $366
