Today’s open looks like it wants to push up. Gamma and Delta Look strong, however for some reason price is so slow climbing up. Could be that we are in low IV. I sold a 6870/6875 put credit spread for $0.70 at the open and then also sold 6875/6865 Put credit spread for $0.75 as it broke out of the premarket high. Looking to close these at $0.10
It’s 8:38 AM PST. I was able to close the 5 Wide Put Credit Spread for $0.05. Looking to close the other for $0.05 as well. Its currently worth $0.10 so it’s almost there.
Update: its 9:19 AM PST. – My ten wide contract closed for $0.05