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Showing posts with label ETSY June 2022 90/100 credit call spread. Show all posts
Showing posts with label ETSY June 2022 90/100 credit call spread. Show all posts

Monday, June 13, 2022

Options trade : ETSY (ETSY) bearish trade

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5/23/2022

buy +1 June 17, 2022 $100 call at $0.66

sell -1 June 17, 2022 $90 call at $1.87

  • ETSY = $76 (-2.32)
  • 25 days to exp (DTE)
  • margin: $1000
  • net credit:  $1.22 x 1 x 100 =  $122


6/7/2022

buy back entire spread for $0.90 (debit)

PROFIT:  $32