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Showing posts with label XBI Apr 22 2022 98/125 credit call spread. Show all posts
Showing posts with label XBI Apr 22 2022 98/125 credit call spread. Show all posts

Tuesday, June 14, 2022

Option trade : Biotech Sector ETF (XBI) bearish trade

 GET WEEKLY TRADE IDEAS!

FREE OPTIONS-TRADING LESSONS HERE.


3/7/2022

buy +2 April 22, 2022 $125 calls at $0.15

sell -2 April 22, 2022 $98 calls at $1.27

  • net credit:  $1.12
  • oversold
  • 46 DTE


4/22/2022  <--- Expiration

XBI =  $79.84

all calls expired

PROFIT:  $224