FREE OPTIONS-TRADING LESSONS HERE
4/5/2022
sell -1 May 20, 2022 $49 put at $1.10
- prob ITM 35.64%
- oversold
- 45 DTE
- KBE = $51.20
- margin = $478
4/19/2022
buy back my put at $1.00 to remove the risk
It's a good thing I did that because on May 12, KBE hit a low of $44.51!
NET PROFIT: $8.68