As V has squeezed up to 202, we will have to manage this trade even further.
Since we are at max position, the next thing we need to do is roll the low calendar higher.
Sell to close Nov/Dec 185 Call Calendar at 0.90
Buy to open Nov/Dec 205 Call calendar at 2.10
This will cut our directional exposure by half and increase the theta gains we have.
We will still exit out of this trade before earnings.