On today's rally my orders triggered to close out the calendar. I am always looking to take these trades off the week prior to expiration, so it was time. I mentioned before that my profit target for this trade is 15%, which we didn't hit; but we did get away with +6.17% for the month. Considering the falling volatility, the massive rally we encountered, and the fact that we had two adjustments behind us, I'm pretty happy with that.
Tomorrow (Friday) I'll post my Featured Trade for September expiration: a butterfly.
Good Trading...
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