Thu. 6/24/2021
sell -2 June 30, 2021 4175 puts at $3.36 (prob ITM 10.26%)
buy +2 June 30, 2021 4140 puts at $2.06 (prob ITM 6.05%)
- net credit: $1.30
- SPX = 4265.40 (+23.56)
- margin (risk): $7,000
- 6 DTE
Wed. 6/30/2021 (Expiration)
SPX settled at 4297.50 (+5.70)
all put options expired "worthless"
NET PROFIT: $255.02 (6 days)
Return on capital: 221.62% (annualized)
