Monday, 3/29/2021
buy +1 March 31, 2021 4065 call at $0.75 (prob ITM 3.64%)
sell -1 March 31, 2021 4035 call at $2.55 (prob ITM 11%)
net credit: $1.80 x 1 x 100 = $180
margin: $2868
2 DTE
SPX between 3968 and 3974
Wednesday, 3/31/2021 (EXPIRATION)
buy back short call (4035 strike) at $0.05 to remove the risk of assignment
let long call expire
SPX closed at 3972.89
NET PROFIT: $172.11 (in 2 days)
Return on capital: 1095% (annualized)
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