Replies to post #2079 on Options: Dispersions and Volatility Spreads

[WinLoseOrDraw]

Closing out the bear spread half of the upper fly: in @ -0.90/+0.45, out @ +3.20/-1.75. The remaining legs are effectively a bull put spread, so a bounce from here would be just fine. :)

If not, the butterfly at Apr 50/55/60 remains in place.