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Showing posts with label JNK 11/20/2020 $102 put. Show all posts
Showing posts with label JNK 11/20/2020 $102 put. Show all posts

Saturday, November 21, 2020

Options trade: How to sell put options | Junk Bond ETF (JNK)

Wed. 10/28/2020 (11:38:50 am, PT)

sell (to open) -1 Nov 20, 2020  $102 put at $1.20 (credit)

Stats:

  • probability ITM:  38%
  • "oversold" stochastics
  • 23 days 'til expiration (DTE)


Fri. 11/20/2020 (Expiration)

JNK closed at $107.10

Let short put option expire

NET PROFIT:  $119.34