Trade of the week ending 21 February 2025: Profit +$1929

#tradeoftheweek Feb 21, 2025

40 days ago sold 7 contracts Salesforce (CRM), $290 PUT at $2.76, expired 21 February. Total premium profit after fees $1929. A blue chip stock doesn't usually have good premium but this was an acceptable opportunity to potentially pick up Salesforce at below $300, which eventually didn't happen.