7 Comments
User's avatar
Portfolio Armor's avatar

Out of the CIEN put spread yesterday at $0.20.

TL92's avatar

Good morning. Checking in to see if you are still holding out to $16 to close the CIEN call spread. It's quite a bit in the money already and already worth $14 so I am guessing it will not get to $16 until the time value decay picks up as we near expiration.

Portfolio Armor's avatar

Yeah, I still have my exit order set to $16.

TL92's avatar

Assuming you are not assigned the VFF shares at $3 tonight, will you try to roll the short put tomorrow?

Portfolio Armor's avatar

No, I won't try to roll it.

TL92's avatar

Assigned VFF at $3.

Portfolio Armor's avatar

Me too. Holding per my exit notes in this post.