... for a 7.90 credit.
Comments: Rolled up early in the session, after which the market quickly decided to go the other way, which is fine, since a "perfect finish" would be between the short option strikes. In any event, total credits collected of 28.79 on a 22.5 inversion, so I could still make money on this on a finish between the short leg strikes at 242.5 and 265, but I'm basically just looking to mitigate loss at this point, since I plan to take it off -- fish or cut bait -- immediately before earnings.
Comments: Rolled up early in the session, after which the market quickly decided to go the other way, which is fine, since a "perfect finish" would be between the short option strikes. In any event, total credits collected of 28.79 on a 22.5 inversion, so I could still make money on this on a finish between the short leg strikes at 242.5 and 265, but I'm basically just looking to mitigate loss at this point, since I plan to take it off -- fish or cut bait -- immediately before earnings.