I placed this credit spread with FB trading at $152.20 and I was expecting it to continue to move down. I was shooting for a 30% gain. The next day FB had moved up to $153.45, not the move I expected. I started working on getting out of the trade.

On 5/3 FB moved down to $151.39 and I was able to get out without losing anything. Even managed to walk away with a small $50.00 profit. Not as good as the $1,400.00 credit I started out with, but beats losing.

Date	Sym		Exp	Strike	Price	C	Type	Cost	Balance
05/01/17	FB	BTO	MAY17	$160.00	-$1.07	10	C	-$1,070.00	-$1,070.00
05/01/17	FB	STO	MAY17	$155.00	$2.47	10	C	$2,470.00	$1,400.00
05/03/17	FB	STC	MAY17	$160.00	$0.72	10	C	$720.00	$2,120.00
05/03/17	FB	BTC	MAY17	$155.00	-$2.07	10	C	-$2,070.00	-$50.00
								Profit:	$50.00