Trade of the week ending 11 April 2025: Profit +$5962
Apr 11, 2025
39 days ago sold 57 contracts United Airlines (UAL), $65 PUT at $1.05, expired 11 April. Total premium profit after fees $5962. This was actually a double lot contract intended to close my UAL short stock position. The market spiked in the last few days and closed slightly OTM, so kept premium and will manually close the short position.
