16. Trade

Current Price: 169.75 0.95(0.56%) 

 To free up margin closing call 175/177 - Expiration 17th August

175.00    SPY130817C00175000    0.05    0.02    0.05    0.06    673    101,746
177.00    SPY130817C00177000    0.03    0.00    0.02    0.03    214    30,181

-0.06 + 0.02 = -0.04$

-4$ -2$ = -6$  (sold for 11$, 11$-6$= 5$ Gain)


 sell new put credit spread 164/162 - Expiration 17th August

164.00    SPY130830P00164000    0.52    Up 0.15    0.50    0.51    1,056    32,637
162.00    SPY130830P00162000    0.36    Up 0.14    0.32    0.33    413    5,073

0.50-0.33 = 0.17$ 

17$ - 2$ = 15$

sell new put credit spread 160/158 - Expiration 21st September
160.00    SPY130921P00160000    0.69    Up 0.15    0.69    0.70    5,658    153,162
158.00    SPY130921P00158000    0.52    Up 0.12    0.51    0.52    1,478    66,512 

0.69-0.52 = 0.17$

17$-2$ = 15$ 



67$ + 2*15$ = 97$

Blocked margin:       2800$ (71.79%)
Margin available:      1100$
PnL:                       +97$  (+2.49%)




 
A account || Available margin 1100$/2700$
4x Call Credit Spread 171/173 (Expiration 17th August)
1x Call Credit Spread 174/176 (Expiration 17th August) 2x Call Credit Spread 174/176 (Expiration 21st September)
2x Put Credit Spread 160/158 (Expiration 17th August)

2x Put Credit Spread 163/161 (Expiration 17th August)
1x Put Credit Spread 164/162 (Expiration 17th August)
1x Put Credit Spread 160/158 (Expiration 21st September)
2x Put Credit Spread 156/154 (Expiration 21st September)

B account || Available margin 0$/1200$
6x Call Credit Spread 173/175 (Expiration 17th August)
1x Put Credit Spread 162/160 (Expiration 17th August)
2x Put Credit Spread 161/159 (Expiration 17th August

 _______________________________________________
 13x Call Credit spreads || 11x Put Credit spreads