Demo-Trading:
BUY TO CLOSE 16 September SPY 145 CALL @0.25
SELL TO CLOSE 16 September SPY 147 CALL @0.08
Debit: 0.17
The initial trade had been entered for a CREDIT OF 0.32. Closing the spread for 0.17 debit results in a profit of 0.15. In 16 contracts per leg = 16 * 0.15 * 100 = $240. See order execution below.
(Click on image to enlarge)
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BUY TO CLOSE 16 September SPY 145 CALL @0.25
SELL TO CLOSE 16 September SPY 147 CALL @0.08
Debit: 0.17
The initial trade had been entered for a CREDIT OF 0.32. Closing the spread for 0.17 debit results in a profit of 0.15. In 16 contracts per leg = 16 * 0.15 * 100 = $240. See order execution below.
(Click on image to enlarge)
Check out Demo-Record
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