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Showing posts with label USO Mar 3 2023 $60.50 put. Show all posts
Showing posts with label USO Mar 3 2023 $60.50 put. Show all posts

Friday, March 3, 2023

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

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2/21/2023

sell -1 March 3, 2023 $60.50 put at $0.14 (credit)
  • prob ITM/assignment: 8.49% (high probability of success)
  • USO = $67
  • 10 DTE


3/3/2023 (expiration)

USO closed at $69.86
my short put expired perfectly

PROFIT:  $14