LB and DA , Thanks for the help and advice. I took the profits. That time decay is scary thing. Took a good chunk out of the spy channel. Very happy with the trade. Still long spy but out those options. Yeeehaaw!
"I watched my profits on Thursday expire worthless on friday" Happened to me a few times too, then i i sold for a profit nn Thursday next time and it went up 10 fold on Fri! Go figure lol!
Profit is profit is profit right? :)
He done good. Those options are really hard to figure out.