Trade view /
01 July 2016 at 17:03 GMT
Markets have rallied right back and our 1 July 108 call is slightly in-the-money
. To avoid assignment, we will buy back the short leg at $0.47 and sell our July 16 111 call for $0.17.
This produces a debit of $0.30 which increases our loss in the trade to $0.92.
— Edited by Michael McKenna
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