FREE OPTIONS TRADING LESSONS HERE.
2/27/2023
sell -1 March 10, 2023 $61 put at $0.25 (credit)
- 11 DTE
- USO = $66.27
- probability ITM/assignment: 12.35% (low)
3/16/2023 (12:25 pm, PT)
with 4 days left until expiration, I decided to buy back my short put, take my profits and remove the risk of assignment.
I bought back my put for $0.01 (debit)
PROFIT: $24 (in 7 days)
