ADBE’s volatility has dropped and its share price has sagged. I am taking off the call side of the iron condor since it is cheap to do so.
This adjustment cost .68. The new position is
ADBE Feb 480P/-500P for a credit of 7.61.
US Steel has had a decent run allowing me to take off the vertical put spread for $55 profit per
NFLX has held the line and rebounded some in recent days enabling us to close the put spread for 1.50.
Selling a July put spread in X that is 3.00 wide and collecting 1.10. The maximum possible loss is $190
Boeing had a decent run during the past few days allowing us to close the trade for a profit of
Boeing has been hanging in there, but it is time to roll as May expiration approaches. Sold BA 06/18/21 Put
GDX has risen smartly to the point where I am closing the vertical put spread for a $530 profit. Bought
