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... for a .56/contract credit.
Comments: Rolling out at >50% max here for a realized gain and a credit and without taking on additional risk. I originally filled this a 1.04/contract credit (See Post Below), so have collected a total of 1.56 relative to a short put value of 1.04 (i.e., realized gains of 1.56 -1.04 = .54/$54).
Implied remains relatively decent here at a 30-day of 45.4%. If it had dropped below 35%, I'd probably just take profit and move on.