Follow me on Twitter!

Showing posts with label XBI March 11 2022 104/128 credit call spread. Show all posts
Showing posts with label XBI March 11 2022 104/128 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.


2/7/2022

sell -2 March 11, 2022 $104 calls at $1.13 (prob ITM 17%)

  • reuse the two long puts ($128 strike) from my previous trade
  • XBI = $93.70 (+2.91)


3/11/2022 <--- Expiration

XBI = $84.64

all calls expired

PROFIT:  $226