When the tide rises, it lifts all the boats and one doesn’t want to fight with it. Closing this trade at $0.20 yielded $0.70 profit as I had opened this trade at $0.90 credit. Check out the overall trade here. Now I have 850/860 BCS left and I will have to keep a close watch if RUT is about to touch my adjustment point and start to threaten this leg. However by closing BPS, I can use that margin to open another BPS at an appropriate time.
Stay tuned, profitable trading