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Friday, February 24, 2023

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

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2/3/2023

sell -1 Feb 24, 2023 $58 put at $0.45
  • USO = $64.59
  • prob ITM/assignment: 17%
  • 21 DTE
  • "oversold"


2/24/2023 (expiration)

USO closed at $67.10

my short put expired perfectly

PROFIT:  $45