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Tue. 5/11/2021
sell -2 May 14, 2021 3995 put at $4.23
buy +2 May 14, 2021 3945 put at $2.58
- net credit: $1.65 x 2 x 100 = $330
- margin: $5000 - $6000
- 3 DTE
Fri. 5/14/2021 (expiration)
buy back short puts at $0.05 to remove the risk
let long puts expire
NET PROFIT: $309.03