Follow me on Twitter!

Showing posts with label SPX July 21 2021 4235/4195 credit put spread. Show all posts
Showing posts with label SPX July 21 2021 4235/4195 credit put spread. Show all posts

Friday, July 23, 2021

Options trade: SPX credit (bull) put spread, 7/21/2021 exp | 269% return

Join PATREON to see my live trades!

Watch THE VIDEO here!


Fri. 7/16/2021

sell -2 July 21, 2021  4235 puts at $3.75 (prob ITM 10%)

buy +2 July 21, 2021  4195 puts at $2.25 (prob ITM 6%)

  • net credit:  $1.50
  • SPX = 4345.08 (-14.95)
  • margin (risk):  $8,000
  • 5 DTE


Wed. 7/21/2021 (EXPIRATION)

SPX settled at 4358.69 (+35.63)

NET PROFIT:  $295.02 (5 days)

Return on capital:  269% (annualized)

FREE options trading videos here!