After our recent blip in things have settled down very quickly. This week we've had a massive volatility decline which has brought down option prices pretty dramatically. I have not yet hit my profit target on this trade, however with such a dramatic move I've decided to take profits now. I'm only $0.10 away from my target and by taking profits now I eliminate the chance of losing my gains in any volatility expansions or large price swings next week. I also free up a large amount of which just doesn't make sense to tie up for the remaining $0.10. Nice and simple – I wish they could all be this way! A good trade to end a good week.