Update: March 22nd, 2018
Going to close out the fly and roll it down to lower strikes.
Update: May 2nd, 2018
Taking profits here and moving on. Didn’t like how this trade played out.
Margin And P/L Calculations
Lower Spread Width: 5
Initial Credit: 0.23
Margin: 4.77
Roll Cost: 0.11
New Credit: 0.12
Closing Credit: 0.09
Total Credit: 0.21 Per Spread
4.4% Return on Risk