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3/9/2022 (10:25:17 am, PT)
buy +1 March 9, 2022 4370 call at $0.07
sell -1 March 9, 2022 4325 call at $1.37 (prob ITM 8.46%)
- net credit: $1.30
- SPX = 4286 (up 116!)
- 0 DTE (same-day expiration)
3/9/2022 (12:42:39 pm, PT)
buy back the short 4325 call at $0.05 to remove the risk
let the long call expire
SPX settled at 4277.88 (up 107.18)
NET PROFIT: $122.11 (in 2.5 hours)
