Closing Trade – WSM call spread

Stock / Symbol: Williams-Sonoma / WSM
Option Strategy: call spread
Price at trade opening on Nov 24th: $33.67
Price at trade closing: $35.01

Reasoning: We're up nicely on this trade and don't want to risk a post holiday let down. Taking profits here.

Trade Details:
STC 3 WSM Jan11 30 Calls @ $5.27
BTC -3 WSM Jan11 33 Calls @ $2.82
for a net credit of $2.45 per contract

Max Risk: $660
Realized Reward: $114
Percent Gain: 17.27% (before commissions)

Chart:

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