Trade of the week ending 31 March 2023: Profit +$1487

#tradeoftheweek Apr 02, 2023

39 days ago sold 160 contracts Snapchat (SNAP), $7.50 PUT at $0.10, expired 31 March. Total premium profit after fees $1487.  This was against the trend into heavy support - was happy to own the stock at $7.50