The US Dollar made a nice rally after we bought the Leaps on June 14th. My original goal was to turn this into a diagonal calendar spread but the August at-the-money calls don’t have much time premium so it’s best that we just sell the Leaps and take the profit. We bought these calls for $5.10 so if we sell them at $5.90 we will walk away with a 15.68% profit in a little more than 2 weeks.
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