6. Trade

Option expiration 20th July

Current price: 165.17 Up 0.04(0.02%)     => Call credit spread 168/170

168.00    SPY130720C00168000    0.27    Down 0.04    0.26    0.27    12,540    86,376
170.00    SPY130720C00170000    0.05    Down 0.02    0.05    0.06    23,549    147,644


1 call credit spread = 0.27 - 0.06 = 0.21$


21$ - 2$ (commision) = 19$

Blocked margin:       1200$ (31%)
Margin available:      1597$
Profit:                      97$

Summary:
3x Call Credit Spread 167/169 (Expiration 20th & 26th July)
3x Call Credit Spread 168/170 (Expiration 20th July)