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Home › Forums › Income Trades › Tiered Calendar in GS
Do we buy the Sep and sell the Aug 175 for 1.82?
Adding another round here
Buy to open GS Aug/Sep 170 put calendar for 1.92
Out in 7 days
It’s been almost 7 days, and the theta has really kicked in.
Either close out the trade here, or if you want to “milk” the trade some more you can add the 165 put that will guarantee you keep existing profits between 164.50 and 175.
I’m opting for the exit with a 26% return on risk.
Sell to close GS Aug/Sep 175 put calendar @2.18
Sell to close GS Aug/SEp 170 put calendar @2.59