Time to get the heck out of this trade!
Here are the orders:
1. Close the hedge:
Sell to Close RUT Oct 1070 Puts @11.00
2. Close the Put Spraed:
Buy to Close RUT Sep 1130/1120 Put Spread @2.00
3. Close the Short call on the call Spread
Buy to Close RUT Sep 1210 Call @0.20
That will get you out of the trade. YOU DO NOT WANT TO HOLD THIS INTO OPTIONS EXPIRATION.
I’ll do a post-mortem on this trade after the exit.
