I place AMZN Vertical Credit spread last week Oct 24 and filled at my limit price 1.88cr. This is outside my realm, but a friend only trades far OTM credit spreads and always close before expiry. Would anyone in this space close early or wait until option expiry? It’s currently profitable, approximately 55% of max prem $940 realized in 7 days and 100 days to go. Here’s the trade…
Here’s my close.