Closing Trade – diagonal call spread

Stock Symbol: DIS
Option Strategy: diagonal call spread
Price at Trade entry: $33.23

Amt Risked: $1,164
Current Value: 1,250
Return: 7.22%

Reasoning: [private_monthly]Disney - DIS[/private_monthly] has moved up faster than we expected. We'll close this trade out for a nice 7% gain and then look to re-enter the position soon.

Trade Details:

STC 2 DIS JAN12 30 CALL @ $8.35 =  $1,670 Credit
BTC -2 DIS NOV10 35 CALL @ $2.10 = $420 Debit

for a net Credit of: $1,250

Chart:

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