sell -10 Feb 12 2016 (wk 2) $198 calls at $0.24 (prob ITM = 10%)
sell -10 Feb 12 2016 (wk 2) $181 puts at $0.39 (prob ITM = 10%)
Friday 2/5/2016 (1:03:54 pm, PT)
buy back the 10 calls at $0.05
Friday 2/12/2016 (7:46:49 am, PT)
buy back the 10 puts at $0.04
Comment:
Even though 2/12/2016 was Expiration Friday, I went ahead and bought back my short puts anyway just to be safe.
TOTAL PROFIT: $540 (in 10 calendar days)
SUCCESS!
