We've had an absolutely massive rally the past few days. So much so that it's completely neutralized my directional risk in KRE. I was hoping for this move over the next few weeks, not just a few days. has also not come in very much, so I was left with a position with fairly tight and 43 days left until If KRE were to have a large move in either direction, it will not bode well for my With that in mind I've decided to close this position for a small profit and reestablish a new position with wider strikes. It'll give me a higher probability of profit, and a little more padding in case of another large move.