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Showing posts with label USO Dec 2 2022 $65 put. Show all posts
Showing posts with label USO Dec 2 2022 $65 put. Show all posts

Friday, December 2, 2022

Options trading : US Oil Fund ETF (USO) bullish trade

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11/28/2022

sell -1 Dec 2, 2022 $65 put at $0.80 (credit)
  • probability ITM (assignment):  31.76% (high)
  • USO = $67.02
  • 4 DTE
  • max profit: $80


12/2/2022 (expiration)

USO closed at $69.84
My short put expired perfectly

PROFIT:  $80 (in 4 days)  😀