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Tue. 6/29/2021
sell -2 July 6, 2021 4195 puts at $3.23 (prob ITM 9.62%)
buy + 2 July 6, 2021 4155 puts at $1.98 (prob ITM 5.55%)
- net credit: $1.25
- SPX = 4292.70 (+2.10)
- margin (risk): $8,000
Wed. 7/6/2021 (Expiration)
SPX settled at 4343.55 (-8.80)
all puts expired "worthless"
NET PROFIT: $245.04 (7 days)
Return on capital: 160% (annualized)
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