See my new trades.
Get UNLIMITED coaching.
Friday, 11/19/2021
sell -2 Dec 31, 2021 $333 puts at $1.83 (prob ITM 17%)
buy +2 Dec 31, 2021 $260 puts at $0.23 (prob ITM 2%)
- net credit: $1.60
- DIA = $355.79
- margin: $5621
Tuesday, 12/21/2021
buy back both short puts ($333 strike) at $0.50 to remove the risk and to take profits
Wed. 12/22/2021
sell (to close) the two remaining long puts at $0.01
NET PROFIT: $216.71
FREE options trading lessons here!