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Buy to close amzn csp contract

On nov 21/24 amzn dropped more
than 3%, sell put csp strike at
180, 91 dte feb 21/25, premium 540,
delta-0.247, iv 31.4%, Annualised
Return 12.03%. On dec 9/24 buy
to close contract at 98, more than
80% gain of 440 usd. The csp contract
lasted 18 days only, still got 73
dte left. At times it's not worth the
time to collect remaining 20% of
premium. l'm not saying you can't,
but it's best to manage your trade
before expiry rather than let it expire
worthless. Plus, it make no sense to
wait another 73 days to collect the
remaining 100 usd. As i said before,
you rather close it out now, and wait
for the next opportunity when amzn
has a down day again.
😊 option trading
Buy to close amzn csp contract
Buy to close amzn csp contract
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