Anyway, with Feb options almost zero, the spread has expanded to about $5.00 with stock trading at $117.50. If you like, you can take profits here and call it the day. Since I already own March $110 puts and $130 calls, I am closing out Feb options and selling March $115 straddle for $12.00. See the attached P&L chart of how the trade looks like after I do this.
Good luck!
