buy +3 May 14, 2018 2750 calls at $0.05
sell -3 May 14, 2018 2735 calls at $1.55
- net credit (max profit): $1.50 x 300 = $450
- stochastics in overbought region
- short (2735) call delta: 30
- margin: $4500
- 3 hours left until expiration
Monday, 5/14/2018 (12:39:57 pm, PT)
buy back all short (2735) calls at $0.10 to remove the risk
let long (2750) calls expire
PROFIT: $420 (in 2.5 hours)
return on capital: 9.33% (in 2.5 hours)
