FREE OPTIONS TRADING LESSONS HERE.
1/25/2023 (12:45:29 pm, PT) 🠈🠈 earnings release at 1 pm (PT)
sell -1 Jan 27, 2023 $114 put at $0.25 (credit)
- the "market maker move" was up/down $11.45 post-earnings
- TSLA = $144.54
- I sold a put that was more than twice the "market maker move"
- I was OK with buying 100 shares at $114/share
- prob ITM/assignment: 4.19% (very, very low)
- 2 DTE
- earnings after closing bell on Jan 25
1/27/2023 (exp)
TSLA closed at $178.31
My short put expired perfectly
PROFIT: $25 (2 days)