Trade of the week ending 16 December 2022: Profit +$1981

#tradeoftheweek Dec 18, 2022

39 days ago, sold 8 contracts TSLA (TSLA), $140 PUT at $2.48, expired 16 December. Total premium profit after fees $1981.  NB: TSLA is clearly downtrending, but I was interested in owning TSLA at $140 (previous option expiry was last week at $160), but the price stayed above the strike so I just kept the premium.