I’ve been filled on my closing orders to buy back the current RUT(650.40 -0.36) position for $0.15 debit. I realize that I may have left some profit on the table here – however getting my money out of the market to avoid expiration risk was worth it to me. I have seen the RUT gap down by 15-20 points on expiration Friday and simply didn’t want to erode away those profits.
I view this as a cost of doing business profitably in the long term.
