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Showing posts with label SPX Mar 2 2022 4070/4120 credit put spread. Show all posts
Showing posts with label SPX Mar 2 2022 4070/4120 credit put spread. Show all posts

Sunday, April 3, 2022

Options trade : SPX bullish trade

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Tuesday, 3/1/2022

sell -1 March 2, 2022 4120 put at $2.60 

buy +1 March 2, 2022 4070 put at $1.10

  • net credit:  $1.50
  • SPX = 4289.78 - 4293.49 (-83)
  • 1 DTE


Wednesday, 3/2/2022 (expiration)

buy back short put (4120 strike) only at $0.05 to remove the risk

let long put expire

NET PROFIT:  $142.02


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