FREE OPTIONS-TRADING LESSONS HERE
11/11/2021
sell -2 Dec 17, 2021 $195 puts at $1.76 (prob ITM 20%)
buy +2 Dec 17, 2021 $140 puts at $0.10 (prob ITM 1.24%)
- net credit: $1.66
- V = $210.92
- oversold
- 36 DTE
12/7/2021
buy back entire spread for $1.50 to remove the risk
Note: On Dec 1, V = $190.10, so my short put was ITM (bad)
NET PROFIT: $26.72
