FREE OPTIONS-TRADING LESSONS HERE
3/30/2022
sell -2 April 29, 2022 $11 put at $0.80 (prob ITM 39%)
buy +2 April 29, 2022 $6 put at $0.01 (prob ITM 0.92%)
- net credit: $0.79
- UVXY = $12.47
- oversold
- 30 DTE
4/13/2022
buy back the $11 short puts at $0.07 to remove the risk
let the long $6 puts expire
NET PROFIT: $140.04
