Strategy: Close Position
Expiration: 25 SEP 26
Strike Price: 220
My Execution Fill: 2.75 (Paid [$275.00] to buy back)
📊 Quantitative Metrics at Exit
Gross Transaction Realization: Profit of $52.00 or ~16%
Days to Expiration Remaining (DTE): 36 Days
🛠️ Core Exit Logic
Why This Position Was Closed:
We lock in the gains early at around 16% to mitigate tail risk and free up capital. We are looking to roll to October, potentially same strike and take advantage of a few extra IV points in the back month.