FREE OPTIONS TRADING LESSONS HERE.
10/6/2021
buy +1 Nov 12, 2021 $51.50 put at $1.19 (prob ITM 34%)
sell -2 Nov 12, 2021 $51 put at $1.06 (prob ITM 31%)
- net credit: $0.93
- XLE = $54.44
- overbought
- 37 DTE
10/22/2021
buy back the entire spread at $0.10
NET PROFIT: $79.03 (in 16 days)
