Option Investor
Updates

JUNE POSITION ADJUSTMENT

HAVING TROUBLE PRINTING?
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Time to close out the CME bear call spread. I just closed out the position when it busted through $230 for a debit of $3.50.

Buy back the June 230 calls
Sell the June 240 calls
Debit of about $3.70

It may cost you a little more, but CME has a bug up its butt and looks like it's not going to stop soon.

Good luck.

There will be a further wrap-up in tonight's column.

Mike

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