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April 14, 2014 at 9:20 am
#2478
Steven Place
Keymaster
Going to close this out. We got the volatility but it kind of pivoted around that 530 area. If AAPL bounces here then we could be at a much larger loss.
Here’s how to close out the trade:
1. Sell to close Apr 530 Put
2. Sellt o close Apr 530/560 call spread
3. Let the 560/570 expire worthless