I’ve been filled on my closing orders to buy back the current RUT(505.03 +0.00) 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.

Categories: Options Trading, Papermoney