buy +3 May 9, 2018 2715 calls at $0.13
sell -3 May 9, 2018 2705 calls at $1.08
- net credit (max profit): $0.95 x 300 = $285
- short call (2705) delta: 23.25
- margin requirement: $3,000
- 1 hour, 15 minutes left until expiration
Wednesday, 5/9/2018 (12:38:07 pm, PT)
buy back all short (2705) calls at $0.05 to remove the risk
let long (2715) calls expire worthless
PROFIT: $270 (in 1 hour)
Return on capital: 9% (in 1 hour)
