🎯Take Profit Alert on NOC Bull Put Spread Thurs. 3/27/25
I’m closing out my $NOC Bull Put Spread today after capturing 71% of the premium on the position.
💰 NOC Trade Recap:
Opened for a $15.00 credit ($1,500 total)
Closed for $4.35 debit ($435 total)
Net Profit: $1,065
Premium Captured: +71%
✅ Why I'm Taking Profits Now:
I've captured over 70% of the maximum profit, which is right in my target zone for managing spreads. With 21 days left, there’s $435 left to make, but the position is still exposed to full downside risk if the stock reverses.
That’s a poor trade-off — so I’m locking in gains and freeing up buying power for the next high-probability setup.
Discipline Trade smart, manage risk, move on!
*Disclaimer: The examples in The Options Oracle are my opinion, not financial advice.
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