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Showing posts with label UPS Apr 30 2021 $167.50 put. Show all posts
Showing posts with label UPS Apr 30 2021 $167.50 put. Show all posts

Monday, May 3, 2021

Options trade: UPS Earnings Play (2-day trade) | 121% return



Monday, 4/26/2021 (4 DTE)

sell -1 April 30, 2021  $167.50 put at $1.15

  • UPS at $175.45 (-$3.51)
  • prob ITM: 21.41%
  • Market Maker Move:  plus/minus $7.21
  • earnings before Opening Bell on 4/27/2021


Wednesday, 4/28/2021 (2 DTE)

buy back short put at $0.03

NET PROFIT:  $111.33 (2 days)

Return on capital:  121% (annualized)