HOUSEKEEPING: EWZ APRIL 15TH 18.5/22/22/25.5 IRON FLY

With the short put side of my EWZ iron fly nearing worthless (<.10/<$10), I'll be looking to close that out tomorrow (I neglected to notice it today, my usual "housekeeping" day where I clean up trades). Although the short call side at 22/25.5 still has 18 DTE to "work out," I think that is unlikely, so I'll look at rolling that side out for duration a modest improvement of the short put strike. I usually tackle any strike improvement incrementally, rolling out another 30-45 days, improve the spread by at least one strike, see what happens, roll again if it hasn't moved in my favor (lather, rinse, repeat).

Fortunately, the implied volatility in EWZ remains high here, so I have a shot a getting an additional dose of premium ... .