XEC
I closed the XEC position Wednesday as the 65 and 70 calls were hitting 100 deltas and I was pretty much maxed out on the profit I could make. Also the 85 call could still be in play if I waited and XEC shot up in the last two days of this expiration. I closed the position with two vertical trades for a 4.80 credit which netted a 52% profit overall (based on a max risk of $500).
BIDU
BIDU has been in a danger zone most of the week but I have not changed the position yet. I am looking at closing the options that have value today especially if BIDU goes back up above 75.
NTAP PCCRC
NTAP is still doing ok and I plan no adjustments in the near future. Profit at this point stands at 3%.
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