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Showing posts with label KBE May 20 2022 $49 put. Show all posts
Showing posts with label KBE May 20 2022 $49 put. Show all posts

Saturday, June 18, 2022

Options trade : Banking Sector ETF (KBE) bullish trade

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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