Snack info board

[Lord DarkHelmet]

The concern is my ITM shorted 136 Calls. If I get assigned...well...wouldn't want that to happen.

I closed the 131-136-141 butterfly today.

Still holding onto my long 139 and 4 148 Calls. That gives me a substantial net positive Delta on the position. Not necessarily wear I wan to be right now.

I might unwind the 139 Call and capture the profit off that leg before SPY heads south again.

The OCT 148 OTM Calls are valued at 0.93 right now with a theta of 0.03. Lossing about 4% / day / contract holding onto them. With 29 days left to expiration, the theta will accelerate a little bit moving forward.

Have a realized loss of $987 at this point. Currently, a $150.25 price on SPY brings me to breakeven. If I unload that 139 Call, the BE is at $151.46, but maximum loss on the position goes from -$2089 to -$1346. Probably ought to do damage control and unwind that 139 Call.