MSFT has made a nice run since I suggested the trade 7 days ago.
As I write this, it is trading around $218.65 or almost $4 above the short strike.
Because of this, I am going to suggest you book your profit on the position.
Here is how you close the position:
Sell to Close October 23rd - $210.00 Call for $9.50
Buy to Close October 23rd - $215.00 Call for $5.80
The net debit will be $3.70 per spread.
The initial cost of the position was $2.20 per spread. Closing at the prices above will result in a profit of $1.50 per spread.
