FREE OPTIONS-TRADING LESSONS HERE
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!