Options trading : Apple short put trade, 6/4/2021 exp | $135.33 profit

 Join PATREON!

See my live trades!

Get UNLIMITED coaching!

Tue. 5/4/2021

sell -1 June 4, 2021 $119 put at $1.37

• prob ITM: 23%
• AAPL = $127.41
• oversold
• 31 DTE

Fri. 6/4/2021 (expiration)

buy back short put at $0.01 to remove the risk of assignment

NET PROFIT:  $135.33

FREE options trading lessons here!