Very nice trade. I have tried to make a visual representation of it
I got a question. Seeing this chart the last sell on the call side seems risky compared to the rest of the trade.
I guess you chose that specific call spread because of the delta, and that you reduced the upside risk by lowering the superior half. But wouldn’t it be better to wait for monday (possible gap up) and to give up to 2 days of theta to sell another spread, maybe higher but with the same credit? I’m just talking about the risk management. There is probably something that i don’t see here that made you do this choice.
Thanks for all your posts, they are all helpful