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Wed. 10/13/2021
sell -2 Dec 17, 2021 $57.50 puts at $0.85
- prob ITM: 27%
- K = $61.69
- oversold
- 65 DTE
Wed. 11/3/2021
buy back both puts at $0.40
I wanted to close this trade and protect my profits prior to the earnings release on 11/4 a.m.
NET PROFIT: $87.36