In Portfolio #2: We were not able to close out the CMG 315/320 call spread today for under $5.00
We will look to close it out for $4.80 - $4.95 NET DEBIT on Monday.
However, we we can not we will look to close for $5.00 before the close.
The reason I do not want to continue to wait is that I we could get an early
assignment on our CMG short 315 call and I would rather not have to deal with that
The chances of the happening increases the deeper in the money an option becomes.
We will also be disposing of several of our lossing positions in Portfolio #1,as well,on Monday to clear up margin for some of our new October spreads that will be listed this Sunday .