Recent content by Linarian

Thank you for your explanation, I can see why my previous thinking is flawed now, and yea I guess i should get out of the position.

Hello, currently I'm holding Aug 2020 12.5/17.5C and some leap 10/15C for CPRI (trading at ~$21). I want to close the August position, but due to the stock's volatility and amount of time remaining till expiration, I am unable to sell each spread for near $5 (with the current bid/ask I can...