Position Updates

Updates for positions with legs expiring today:

Stock / Symbol: United States Oil Fund / USO
Option Strategy: diagonal call spread
Entry date: Jan 7th
Exit date: Mar 16th
Price at trade entry: $37.59
Price at trade close: $39.68

Update: Our sell limit order of $4.37 per contract was filled on Wednesday.

Risked: $710
Realized Reward: $501.81
Realized Return: 70.68%

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Stock / Symbol: [private_monthly]Apache / APA [/private_monthly]
Option Strategy: calendar call spread
Entry date: Jan 14th
Price at trade entry: $124.57

Update: The Mar 125 call we sold will expire worthless today, giving us an uncalled return of 13% for the month. Next week, we'll look to sell the Apr 125 call against the position. Adding the Feb 130 call we sold previously, we're reduced our cost basis in the trade by a total of $330

Current Position:
[private_monthly]
Short 1 APA Mar 125 Call
Long 1 APA Jul 125 Call
[/private_monthly]
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