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This is the upper long strike for a 52/55/58 debit butterfly earnings play on BBY with an expiration of 5/26/2017 . Total profit on butterfly spread after legging out of position was a tiny $0.85 for only the butterfly after commissions because the stock price went far beyond my expected $5.00 move. However, the 52 and 57.50 strike long calls I bought gave me a more positive $943.35 total profit on the positions.

This is a position I closed out of as an adjustment on a CMG 472.5/477.5/495/500 short Iron Condor. When the stock moved down greater than the 1 standard deviation move, I closed 472.5/477.50 put spread portion of the iron condor and purchased the 470/475 for a debit of $250.12 after commissions and fess to reduce the potential #314.00 profit I was paid to enter the spread to $63.88. In hindsight I could have waited and maintained the profit, but I hate to lose.

This is the upper (shorted) strike of the put (lower) portion of an Iron Condor for CMG at 472.5/477.5/495/500 strikes with an expiration of 5/26/2017. I closed the 477.5 portion and opened the 475 strike when CMG moved too far down destroying most of the profit in the trade. Again I closed too early, CMG went back up into the out of the money zone.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.