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Mon. 5/3/2021
sell -1 May 7, 2021 $34.50 put at $1.00
- MOS = $35
- prob ITM: 45%
- margin: $3450
- earnings on 5/3/2021 after Closing Bell
Wed. 5/5/2021
buy back short put for $0.50 to protect profits
NET PROFIT: $48.68