Sold 1 Credit Spread on FEZ (SPDR Euro Stoxx 50 ETF) – 0.57% potential income return in 29 days

On August 18, 2022, I sold 1 bull put credit spread on FEZ ETF with an expiry set in the next 29 days. For this trade, I got a premium of $20.2 (after commissions)

The SPDR® EURO STOXX 50® ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the EURO STOXX 50® Index (the “Index”)

This is not trading advice. Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

Here is the trade setup:

• SLD 1 FEZ Sep16'22 35 PUT 0.47 USD

• BOT 1 FEZ Sep16'22 33 PUT 0.22 USD

For this trade, I got a premium of 20.2 USD (after commissions) or a 0.57% potential income return in 29 days, if options expire worthlessly

What happens next?