Took profits on our IBIT put butterfly spread today as follows:
Sell to close: IBIT Sep 18th (monthly) 45.00 strike puts (ratio of 1)
Buy to close: IBIT Sep 18th (monthly) 35.00 strike puts (ratio of 2)
Sell to close: IBIT Sep 18th (monthly) 25.00 strike puts (ratio of 1)
Credit: 2.95
Entered at 1.97 and exit at 2.95. The result is a profit of +0.98 or +$98.00 per spread.