FREE OPTIONS TRADING LESSONS HERE.
12/14/2022 (12:50 pm, PT)
buy +1 Dec 15, 2022 4095 call at $1.05 (debit)
sell -1 Dec 15, 2022 4075 call at $2.40 (credit) 🠄🠄 9% prob ITM
- net credit: $1.35
- SPX = 3999.67
- FOMC at 11 am, PT
- 1 DTE
12/15/2022 (expiration)
buy back 4075 short call at $0.05 to remove the risk and take my profits
PROFIT: $130 (overnight)
SPX settled at 3895.75 so my short call would have been fine . . . but who needs the stress?
