BUY to Close 20x on C-Oct-12.50-PUT at $0.10BUY to Close 10x on C-Oct-15.00-PUT at $0.28
BUY to Close 10x on C-Nov-15.50-PUT at $1.15
C (Citibank) announcing result 2 days from now on Thu 16-Oct. As we do not play on earnings (due to unpredictable volatile outcome), decided to take profit and close out ALL positions on C and not wait till expiry Fri 17-Oct to keep 100%.BUY to CLOSE out all C position and kept $5,200 profit.
All positions on MS still open and plan to leave it till expiry Fri 17-Oct to let them expire worthless and keep the full 100% profit. Probability of winning on the MS option ladder which has already been setup is more than 75%.
Noticed that MS Implied Volatility has dropped from 500% to only 127%... which is great as it will be much cheaper to BUY back to CLOSE if one choose to do so.
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