buy +2 May 11, 2018 2750 calls
sell -2 May 11, 2018 2730 calls
- net credit (max profit): $1.35 x 200 = $270
- 3 hours left until expiration
- short call (2730) delta = 25.57
- margin requirement: $4,000
Friday, 5/11/2018 (12:45:26 pm, PT)
buy back both short calls (2730) at $0.20 to remove the risk
let long (2750) calls expire worthless
PROFIT: $230 (in 3 hours)
Return on capital: 5.75% (in 3 hours)
