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February 18, 2016 at 3:59 pm
#4722
Steven Place
Keymaster
The stock bounced hard from our entry and the spread is now going for .40. That means we can capture 50% of our credit with over two months left to opex.
A lot can happen in two months! I’d rather take money off the table here and look for reentries.
Buy to close GOOGL Apr 615/610 put Spread @0.40
Once you are filled, place a GTC order to sell the spread again at 0.90