lets say you did bear call spread or bull call spread

[thkang]

What is the best way to exit the position? Just letting them expire?

 

[thkang]

bull call -> bull put

 

[tomk96]

you can always trade out of them. you then lock in you gain or loss as opposed to risking it.

 

[spindr0]

Quote from thkang:

Lets say you did bear call spread or bull call spread What is the best way to exit the position?

The best exit is with a profit.