Trade of the week ending 7 March 2025: Profit +$4062

#tradeoftheweek Mar 07, 2025

37 days ago sold 125 contracts Intel (INTC), $16 PUT at $0.33, expired 7 March. Total premium profit after fees $4062. I was aiming to pick up some Intel stock at a great price of $16 but the stock rose and then fell in the recent downturn - but my strike was very far so just kept premium.