Follow me on Twitter!

Showing posts with label UVXY July 1 2022 5/12.50 credit put spread. Show all posts
Showing posts with label UVXY July 1 2022 5/12.50 credit put spread. Show all posts

Tuesday, June 14, 2022

Option trade : Ultra-VIX ETF (UVXY) bullish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS.


6/10/2022

sell -4 July 1, 2022 $12.50 puts at $0.63 (prob ITM 33%)

  • reuse long puts ($5 strike) from a previous trade to create a credit put spread
  • 21 DTE


6/13/2022

buy back the four short puts ($12.50 strike) to take profits

PROFIT:  $160