FREE OPTIONS TRADING LESSONS HERE.
3/24/2023 (11:16 am, PT)
sell -1 March 24, 2023 $61 put at $0.16 (credit)
- 0 DTE
- prob ITM/assignment: 39% (high)
- USO = $61.20
later that day . . .
USO closed at $60.96 at 1 pm, PT, so my short put was in-the-money by exactly $0.04!
I could have TRIED to buy back my put at $0.04 to avoid assignment, but I chose not to do that.
