Trade of the week ending 9 June 2023: Profit +$1520

#tradeoftheweek Jun 10, 2023

37 days ago sold 8 contracts Pioneer Natural Resources  (PXD), $180 PUT at $1.90, expired 9 June. Total premium profit after fees $1520.  This was an against the trend trade, with support at $180, but instead just kept the premium.