Today, I am going to suggest you close the FRO position. The idea was to capture premium destruction over the long holiday weekend.
Therefore, let's book the profit and move on.
Sell to close FRO at the market, which is $8.70.
Then Buy to Close the April 17th - $9.00 call for $0.25.
The cash return, if you traded the suggested 500 share lot should be about $185.
The return for 5 days will be 4.3%.
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