Trade of the week ending 17 January 2025: Profit +$3202
Jan 17, 2025
36 days ago sold 8 contracts Applovin Corporation (APP), $260 PUT at $4.00, expired 17 January. Total premium profit after fees $3202. APP was in an uptrend but over extended - so sold a PUT at quite a far strike price and 1.5% Premium ROI. Price went sideways mostly so just kept premium safely.
