FREE OPTIONS TRADING LESSONS HERE.
9/28/2022 (10:40 am, PT) 🠄 see chart below
sell -1 Sep 28, 2022 3650 put at $1.05 (prob ITM 6.67%)
buy +1 Sep 28, 2022 3560 put at $0.05
- net credit: $1.00
- SPX up over 55 points
- 0 DTE
- this is a credit put spread which is semi-bullish
9/28/2022 (12:08 pm, PT)
buy back 3650 short put at $0.05 to remove the risk
SPX settled at 3718 at 1 pm (PT) 🠜 Expiration
PROFIT: $95 (in 90 minutes)