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Wed. 5/19/2021 (12:02 pm, PT)
sell -2 May 21, 2021 3970 puts at $5.11 (prob ITM 11%)
buy +2 May 21, 2021 3940 puts at $3.41 (prob ITM 7.39%)
SPX = 4085 (-42)
net credit: $1.70 x 2 x 100 = $340 (max profit)
margin (risk): $6000
Wed. 5/19/2021 (12:54 pm, PT) <--- 52 MINUTES later!
bought back entire spread for $0.65 (debit)
NET PROFIT: $200.04 (52 MINUTES!)
Return on capital: 29,205% (annualized)
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