Options Gurus
I did a FEB 2015 Expiry , XJO Butterfly Trade Last week when the XJO was 5400+.
Buy XJO 5400 PUT - 1
BUY XJO 5200 PUT - 1
SELL XJO5300 PUT -2
Now XJO has gone down over 100 Points as expected and Near 5300
But this trade is still only few cents in Profit.
I bought for 11 cents and now hardly can sell for 16
What are good options available for me at this time for this Trade.
I know if 5300 is achieved closed FEB expiry then I will get the best profit