FREE OPTIONS-TRADING LESSONS HERE
10/5/2021
sell -1 Nov 5, 2021 $103 put at $1.06
- oversold
- 31 DTE
- earnings on 10/28/2021
- prob ITM = 21%
- SBUX = $111
- margin: $826
10/26/2021
buy back the $103 short put at $0.28 to close the trade prior to earnings
NET PROFIT: $76.68