Closed the $AAPL short put and credit call spreads

10 jan- on Wednesday I closed all 3 legs of this position

took profits this morning at 30% + of max profit. rather take the winner now (specifically the short put) and have that buying power for the next down whoosh $AAPL
put made money and the credit call spreads made money
intial total credit was $5.12, closed for $3.45 for a 31% of max profit winner for a 5 day hold

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3jan - was hoping for a more meaningful selloff from the smoke checking of the Iran terrorist. Yesterday sold the Jan24 320/330 call credit spread for .82 credit as stock was crossing 300. using Jan24 since its the last expiration before earnings. im ok with a down move since my diagonal spread short call is way underwater at the 270 strike. wanted to add a naked short put to the credit call spread and make what the Tastytrade people call a Jade Lizard. I prefer Poor Mans Strangle.

Again I only sell puts in stocks im ok owning if I get put the stock for some reason. even if stock goes below the short strike you can roll it and sell additional credit call spreads against it to bring in more premium. keeping the same expiration of Jan 24 was looking to sell a 30ish delta. Had order in for higher but adjusted the price prior to closing lower.

Sold the Jan24 290put for $3.50 , delta 31, 20days to opex
sold 2lot the Jan 24 320/330 call credit spread at .81per lot from yesterday. 21delta for the 320s

total credit is $5.12 

target profit is 25-50%. taking profits early based on the Tastytrade videos ive watched where after 50%ish the risk of movement against you increases vs only having minimal remaining premium left to collect. ie take the meat of the profits and then redeploy the buying power. you see how quickly prices can move on geopolitical issues. white lines on chart are profit ranges at expiration