BOUGHT SPY JUNE 10TH SHORT PUT VERTS TO CLOSE
With 10 DTE left in these June 10th SPY iron condors, I'm closing out the put sides at near worthless, leaving me with short call sides to deal with running into expiration.
One was a 199/202 (sold for 29/contract; covered for a $5 debit) short put vertical; the other, a 198/201 (sold for 46/contract; covered for $4).
With so little time left, I figured I'd just ride out the short call sides (they're close; one has a short strike at 211, the other at 210), rather than adding the put side back in here ... . Naturally, I need a dip to have those call sides work out; otherwise, I'll roll them up and out next week ... .
One was a 199/202 (sold for 29/contract; covered for a $5 debit) short put vertical; the other, a 198/201 (sold for 46/contract; covered for $4).
With so little time left, I figured I'd just ride out the short call sides (they're close; one has a short strike at 211, the other at 210), rather than adding the put side back in here ... . Naturally, I need a dip to have those call sides work out; otherwise, I'll roll them up and out next week ... .
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