Trade of the week ending 10 March 2023: Profit +$1913

This was an against the trend trade into very strong $8 support.  I was also happy to buy NIO at $8, but it expired OTM as expected. 

32 days ago (a shorter than usual expiry), sold 125 contracts Nio (NIO), $8 PUT at $0.16, expired 10 March. Total premium profit after fees $1913.