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6/7/2022
buy +4 July 22, 2022 $65 calls at $0.13 (prob ITM 2.43%)
sell -4 July 22, 2022 $53 calls at $1.13 (prob ITM 17.27%)
- net credit: $1.00 x 400 = $400
- ARKK = $44.38
- margin: $4800
- ARKK was overbought
- 45 DTE
6/10/2022
buy back the four short calls ($53 strike) to take profits
leave open the long calls for the next call spread
PROFIT: $212