FREE OPTIONS TRADING LESSONS HERE.
12/2/2022
sell -1 Dec 9, 2022 $67.50 put at $0.80
- 7 DTE
- prob ITM (assignment): 30%
- USO = $69.85
12/9/2022 (expiration)
USO closed at $62.85, so my short put was ITM
I got assigned 100 shares at $67.50
I then sold (to open) one Jan 13, 2023 call option with a strike price of $67.50.
1/13/2023
USO closed above $67.50, so my covered call got assigned.
I sold (to close) my 100 shares of USO at $67.50
TOTAL PROFIT: $330
FREE OPTIONS TRADING LESSONS HERE.
