his position is working well. However, because of the potential for extreme market volatility after the Fed announcement today, I want to reduce our risk a touch, lock in a profit of 30%, and then let the rest play out. To execute this trade you need to: Buy back Half your March 33 Calls, Sell Half your April 32 Calls. If you want to let the March 33 Calls continue to decay, then that is your choice. I am going to take off half this morning.
