FREE OPTIONS-TRADING LESSONS HERE.
3/9/2022
buy +2 April 14, 2022 $115 calls at $0.15 (prob ITM 2.35%)
sell -2 April 14, 2022 $98 calls at $1.35 (prob ITM 18%)
- net credit: $1.20
- 36 DTE
- XBI = $87 (+3.00)
4/11/2022
buy back the two short calls ($98 strike) at $0.05 to remove the risk
let the long calls expire
PROFIT: $230
