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Thursday, October 27, 2022

Options trading : SPX credit call spread (bearish)

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10/18/2022 (12:50 pm, PT)

buy +1 Oct 19, 2022 3910 call at $0.05 (debit)
sell -1 Oct 19, 2022 3835 call at $0.65 (credit)
  • net credit:  $0.60 ($60 for one spread)
  • 1 DTE



10/19/2022 (6:51:19 am, PT)  🠈 expiration

buy back the 3835 short call at $0.05 to remove the risk


PROFIT:  $55 (in one day)