The Portfolio Armor Substack

The Portfolio Armor Substack

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Exit Instructions — September 11th, 2026

Portfolio Armor's avatar
Portfolio Armor
Sep 11, 2026
∙ Paid

My plan:

PI

Calls/Calendar: Enter a GTC order to buy to close the short January 15, 2027 $240 call for $0.20. If it remains in the money as we approach expiration, cancel that order and exit the diagonal by selling the April 16, 2027 $230 call while buying to close the January $240 call at a net credit slightly above the diagonal’s midpoint, lowering the …

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