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Friday, October 28, 2022

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

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10/24/2022

sell -1 Oct 28, 2022 $66 put at $0.22 (credit)
  • prob ITM (assignment):  13%
  • USO = $70.22


10/28/2022 (expiration)

USO closed at $72.82
My short put expired perfectly

PROFIT:  $22 (in 4 days)