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Showing posts with label JPM July 9 2021 120/147 credit put spread. Show all posts
Showing posts with label JPM July 9 2021 120/147 credit put spread. Show all posts

Saturday, June 18, 2022

Options trade : JP Morgan Chase (JPM) bullish trade

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6/24/2021

sell -1 July 9, 2021 $147 put at $1.08 (prob ITM 24%)

buy +1 July 9, 2021 $120 put at $0.04 (prob ITM 0.90%)

  • net credit:  $1.04
  • JPM = $152.88
  • margin: $2700
  • oversold
  • 15 DTE
  • earnings on July 13 (a.m.)


6/29/2021

buy back $147 short put at $0.28

let $120 long put expire

NET PROFIT:  $74.02