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Thursday, October 27, 2022

Options trading : SPX credit call spread (bearish)

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10/19/2022 (12:56:44 pm, PT)

buy +1 Oct 20, 2022 3875 call at $0.05 (debit)
sell -1 Oct 20, 2022 3810 call at $0.75 (credit)
  • net credit:  $0.70 ($70 for one spread)
  • 1 DTE


10/20/2022 (6:36:33 am, PT)  🠈  expiration

buy back the 3810 short call at $0.05 to remove the risk

PROFIT:  $65 (in one day)