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Showing posts with label MOS May 7 2021 $34.50 put. Show all posts
Showing posts with label MOS May 7 2021 $34.50 put. Show all posts

Wednesday, March 2, 2022

Option trade : Mosaic (MOS) earnings play

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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