I closed $CAT 20240419 375.0 CALL$  ,CAT: this is the 2nd leg of a sold bear call spread where it expired worthless therefore losing all the premium I paid. Overall a profitable trade combo and collected full premium from this bear call spread after contract expired over 31 days. Premium collection is $113 per contract over $500 maximum risk since the 1st leg is sold call $370 and 2nd leg is buy call $375. For 9 trading sessions over this period, the price was actually >$370 so it’s wasn’t a sure profit. Glad the bearish market had pull this down to $354.66 allowing this successful trade to be completed.
CAT CALL
04-20 15:42
US20240419 375.0
SidePriceRealized P&L
Sell
Close
0.00-100.00%
Closed
Caterpillar
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  • Wow, that's a really impressive trade you pulled off!
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