The sideways action over the past few weeks has really helped this trade out. We’ve overstayed our welcome to begin with so it’s time to bail on the trade.
Buy to close Dec 2160/2170 Call Spread @.50 or lower
Buy to close Dec 1970/1960 Put Spread @0.30 or lower
Trade is sitting around 14% return on current max risk, but when I include the capital for the hedge bought it’s around 12% RoR.
