FREE OPTIONS TRADING LESSONS HERE.
7/28/2022 (11:56 pm, PT)
sell -1 August 5, 2022 $101 put at $0.24
- earnings announcement on 7/28
- prob ITM = 5.40%
- AMZN = $122.32
- "market maker move" = up/down $7.28
- 8 DTE
8/5/2022 (expiration Friday)
AMZN closed at $140.80
My short put expired perfectly
PROFIT: $24
NOTE: If I had bought 100 shares of AMZN stock instead of selling a put option, I would have made a lot more money! Oh well . . . 😒
