The Portfolio Armor Substack

The Portfolio Armor Substack

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Exit Instructions — August 26, 2026

Portfolio Armor's avatar
Portfolio Armor
Aug 26, 2026
∙ Paid

My plan:

UGA

  • Calls/Calendar: Enter a GTC order to buy-to-close the short January 15th, 2027 $140 call for $0.20. If it remains in-the-money as we approach expiration, cancel that order and exit the March 19th, 2027 $130 / January 15th, 2027 $140 call calendar at a net credit slightly above its midpoint, lowering the price as necessary as we approach expir…

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