#Earnings #DoubleCalendar For 2nd quarter in a row, $EW is killing it on this strategy. The long options (Feb 8th) retain a lot of value, but because stock price is so close to my 170 strike, I was able to exit partial for 4.30 near the open. Now waiting for even a better price as the Feb 1st short options decay.
$MRK was the loser…. Sold to close $MRK Feb01/Feb08 74.5 dbl cals for .30. bought yesterday for .47
Working on the $HON exit. Looks like I’ll be able to get a slight profit.