I closed $GOLD VERTICAL 240621 PUT 17.0/PUT 16.0$  ,By closing the position at a net profit of USD 21, I locked in a gain and avoided the risk of adverse price movements that could have occurred closer to the expiration date. While time decay generally benefits option sellers as the expiration date approaches, unexpected market events could have eroded the initial profit potential. Please see my post on 'Investment Reflection on GOLD Vertical Put Option Strategy' published on 18 May 2024.
Trading Order
SymbolSidePriceFilled time
GOLD Vertical
US17.0/16.0
Debit
Close
0.182024-05-1802:55:23
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  • singsongone10
    ·05-21
    TOP

    But the uptrend continues…

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    • Tiger V
      Already earned more than 50% of the premium within a week, better take profit and go for other options
      05-21
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  • AdamDavis
    ·05-21
    I'll check out your post for more insights.
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  • KSR
    ·05-20
    👍
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