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Wed. 5/19/2021 (12:02 pm, PT)
sell -1 June 18, 2021 $128 put at $2.04
- prob ITM: 32%
- XLK = $133.39 (-0.51)
- FOMC minutes at 11 am, PT
- 30 DTE
- oversold
Fri. 6/4/2021
buy back short put at $0.13 to remove the risk
NET PROFIT: $189.67 (16 days)
Reasons for closing trade:
- overbought
- 14 DTE
- take profits
