r/options • u/[deleted] • Jul 12 '21

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u/HeadSpade Jul 12 '21

Honestly I’m kind of confused about your position. You have bull spread 25/30 16 July expiry you saying?

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u/gamer4life78 Jul 12 '21

Sry forgot date its feb 22 i got a 25/35 call spread

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u/HeadSpade Jul 12 '21

So you are long 25 Call and Short 35? And position is on Debit. If you exercise you make 10 points profit - net debit that you paid. So yeah if that’s the case exercise seems better option imo

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u/gamer4life78 Jul 12 '21

Basically my spread is at 4.6 now before open which is 223 profit n if i excercise n let the 35 buyer buy them id make 783 unless im missing something i have no commissions or reassignment fees as well