Due to a Trump tweet in the premarket about not hitting any major Iran energy infrastructure, Price jumped up. I sold 6705/6715 call credit spreads for $0.50. Looking to close my positions at $0.10 or lower unless price goes past 6650. If it does then I’ll look to close at 50%.
Update – (8:50 AM PST) Was able to close everything for $0.05. Our flush back to 6600 made the contracts worth only $0.05