FREE OPTIONS TRADING LESSONS HERE.
11/2/2022 (12:58:13 pm, PT)
buy +1 Nov 3, 2022 4020 call at $0.07 (debit)
sell -1 Nov 3, 2022 3870 call at $1.12 (credit) 🠈🠈 prob ITM 4.30%
- net credit: $1.05 ($105 per spread)
- SPX = 3764.58 (- 91.52) 🠈🠈 Wall Street reacted negatively after FOMC
- 1 DTE
11/3/2022 (6:30:16 am, PT) 🠈🠈 expiration
buy back the 3870 short call at $0.05 (debit)
PROFIT: $100 (in one day)
