FREE OPTIONS-TRADING LESSONS HERE
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
