FREE OPTIONS-TRADING LESSONS HERE.
1/12/2022
buy +4 Feb 25, 2022 $115 calls at $0.19 (prob ITM 2.50%)
sell -4 Feb 25, 2022 $97 calls at $1.32 (prob ITM 16%)
- net credit: $1.13 x 400 = $452
- 44 DTE
1/25/2022
buy back the four short calls ($97 strike) at $0.20 to take profits
let the long calls expire
PROFIT: $372