FREE OPTIONS TRADING LESSONS HERE.
8/29/2022
sell -1 Oct 21, 2022 $100 put at $2.25 (credit)
- prob ITM (assignment) = 27%
10/21/2022 (12:03 pm, PT) 🠈 expiration
buy back the short put at $0.10 to remove the risk of assignment
PROFIT: $215
NOTES:
GOOGL closed at $101.13 (too close for comfort . . . that's the reason I chose to spend $10 to buy back my short put)