Closed 1225/1235 Bear Call at 50% of max profit:
BOT +5 VERTICAL RUT 100 JAN 16 1225/1235 CALL @.60 CBOE
Now this position is +24 delta. I can look to cut that in 1/2 by going out to JAN4 (44DTE) options and buying one 12 delta put OR I can sell another bear call in the same exp.cycle, 1/2 size with intentions to roll up and add. 1210/1220 Bear call would cut NET delta from +24 to +6 and increase THETA from +22 to +39.
