... for a 2.31 credit.
Comments: With a mere .34 of extrinsic left in the July 23rd 305, rolling out to the 16 delta in the expiry nearest 45 days until expiry. Total credits collected of 5.32 (See Post Below) + 2.31 or 7.63 versus a short put value for the 330 of 2.69, so I've locked in gains of 7.63 - 2.69 = 4.94 ($494) so far.
Comments: With a mere .34 of extrinsic left in the July 23rd 305, rolling out to the 16 delta in the expiry nearest 45 days until expiry. Total credits collected of 5.32 (See Post Below) + 2.31 or 7.63 versus a short put value for the 330 of 2.69, so I've locked in gains of 7.63 - 2.69 = 4.94 ($494) so far.