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Showing posts with label TLT Dec 17 2021 140/130 put spread. Show all posts
Showing posts with label TLT Dec 17 2021 140/130 put spread. Show all posts

Sunday, December 19, 2021

Option trade : US Treasury ETF (TLT) credit (bull) put spread, 12/17/2021 exp | $76 profit

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Wed. 11/17/2021

sell -2 Dec 17, 2021 $140 puts at $0.79 (prob ITM 22%)

buy +2 Dec 17, 2021 $130 puts at $0.11 (prob ITM 3.45%)

  • net credit: $0.68
  • TLT = $145.60
  • margin: $2000
  • oversold
  • 30 DTE


Fri. 11/19/2021

bought back entire spread for $0.30 debit

closed trade after just 2 days to take profits

NET PROFIT:  $70.70


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