FREE OPTIONS-TRADING LESSONS HERE
4/22/2022
sell -2 May 27, 2022 $11 puts at $0.52 (prob ITM 27%)
buy +2 May 27, 2022 $6 puts at $0.01
- net credit: $0.51
- margin: $1000
- oversold
- 35 DTE
5/13/2022
buy back the two $11 short puts at $0.03 to remove the risk
let the $6 long puts expire
NET PROFIT: $96.65
