Follow me on Twitter!

Friday, September 9, 2022

Options trading : US Oil Fund ETF (USO) bullish trade

 GET WEEKLY TRADE IDEAS.

FREE OPTIONS TRADING LESSONS HERE.


9/6/2022

sell -1 Sept 9, 2022 $67 put at $0.17 (credit)

  • 3 DTE
  • prob ITM: 11%


9/9/2022 (Expiration)

buy back short put at $0.02

PROFIT:  $15

NOTE:  USO closed at $71.10, so my short put would have been fine.