buy +1 May 2, 2018 2685 call at $0.12
sell -1 May 2, 2018 2665 call at $1.37
- stochastics: overbought
- FOMC conference call at 11 am (PT)
- expiration: 1 pm (PT)
- net credit (max profit): $1.25 x 1 x 100 = $125
- delta of short call (2665): 19
- margin: $2000
Wed. 5/2/2018 (12:03:50 pm, PT)
- buy back short call (2665) at $0.05
- let long call (2685) expire
PROFIT: $120
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