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5/27/2022
sell -2 July 15, 2022 $11 puts at $0.80 (prob ITM 33%)
buy +2 July 15, 2022 $5 puts at $0.01 (prob ITM 0.83%)
- net credit: $0.79
- oversold
- 49 DTE
6/17/2022
buy back both short puts ($11 strike) at $0.14 to remove the risk
leave open the two long puts
PROFIT: $130
