Close – GLD – Ratio Back Spread

## GLD – Ratio Back Spread

* * *
Close GLD – Ratio Back Spread
Buy 40 GLD 2/22/2019 125.5 Puts
Sell 60 GLD 2/22/2019 122.5 Puts
Filled: $2.97
Pnl: ($700.00) Loss

### Trade
**GLD**
The max risk has moved up to our limit and GLOD is not high enough to stay in trade. Closing to limit risk

![Trade Fill][1]

[1]: https://s3.amazonaws.com/optionsedutradingimages/4e727c0c-01d3-48fb-8279-a535ce7aa695_CloseTrade_FillPrices_2019-02-07T14:53:48.jpeg

2019-02-07T14:52:36+00:00

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