Wed. 2/24/2021
sell -2 Apr 16, 2021 $100 puts at $1.87 (prob ITM 14.75%)
buy +2 Apr 16, 2021 $70 puts at $0.35 (prob ITM 4%)
net credit: $1.52 x 2 x 100 = $304
margin: $517
51 DTE
Wed. 3/31/2021
buy back the 2 short puts at $0.50
let the 2 long puts expire on 4/16/2021
NET PROFIT: $200.01 (35 days)
Return on capital: 403% (annualized)
