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Showing posts with label SPX Mar 7 2022 4035/4100 credit put spread. Show all posts
Showing posts with label SPX Mar 7 2022 4035/4100 credit put spread. Show all posts

Saturday, June 18, 2022

Options trade : SPX bullish trade

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3/4/2022 (10:57 am, PT)

sell -1 March 7, 2022 4100 put at $3.60

buy +1 March 7, 2022 4035 put at $2.10

  • net credit:  $1.50
  • SPX =  4315
  • 3 DTE


3/4/2022 (12:46 pm, PT)

buy back the entire spread at $0.75

NET PROFIT:  $70.04 (in TWO hours)

I got almost 50% of "max profit" in just two hours, so it's time to close the trade and not get greedy!