Wed. 5/19/2021 (12:02 pm, PT)
sell -2 May 21 2021 3970 puts at $5.11 (prob ITM 11%)
buy +2 May 21, 2021 3940 puts at $3.41 (prob ITM 7.39%)
- net credit: $1.70
- SPX = 4085.63 (-42.20)
- 2 DTE
- FOMC minutes at 11 am (PT)
- margin (risk): $6,000
Wed. 5/19/2021 (12:54:51 pm, PT)
buy back put spread at $0.65 (debit)
SPX = 4105.25 - 4109.82
NET PROFIT: $200.04 (in 52 minutes!)
Return on capital ($6,000): 29,205% (annualized)
