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Showing posts with label SPX May 19 2022 3965/4020 credit call spread. Show all posts
Showing posts with label SPX May 19 2022 3965/4020 credit call spread. Show all posts

Sunday, June 19, 2022

Option trade : SPX bearish trade

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5/19/2022 (10:57:28 am, PT)

buy +1 May 19, 2022 4020 call at $0.10

sell -1 May 19, 2022 3965 call at $1.70

  • net credit:  $1.60
  • SPX = 3926.57
  • 0 DTE (same-day expiration)


5/19/2022 (12:14:03 pm, PT)

buy back the short 3965 call at $0.50 to remove the risk

let the long call expire

NET PROFIT:  $106.46

SPX settled at 3900.79