Sell to close: SNOW Sep 15th (monthly) 160.00 strike call (ratio of 1)
Buy to close: SNOW Sep 15th (monthly) 180.00 strike call (ratio of 1)
This leaves the other short 180 call as a covered call against 100 shares of stock through Friday
Credit:Â 8.80
We paid 2.15 debit for this spread, exiting at 8.80 credit. The result is +6.65 or +$665.00.
