Tues. 7/13/2021
sell -2 July 16, 2021 4275 puts at $3.46 (prob ITM 10%)
buy +2 July 16, 2021 4240 puts at $2.16 (prob ITM 6%)
- net credit: $1.30
- 3 DTE
- SPX = 4372.25 (-12.38)
- margin (risk): $7,000
Wed. 7/14/2021 (2 DTE)
buy back put spread at $0.30 (debit)
NET PROFIT: $190.40 (1 day)
Return on capital: 993% (annualized)
