Three hours after setting up this play... I'm out.
I don't normally day trade, but after watching DDD find an intraday bottom around the $50.50 range, I closed out my short call, long put option trade.
This morning I sold a June 27 weekly $55 call for $192 to finance my June $50 put, which cost me $180. As you can see, that's a net credit of $12. Three hours later I closed it for a total gain of $109.
Originally I said I'd close the play once the stock fell into the upper $40's. But I figured with the nice move we've had today I'd just go ahead and book the profits.
When thy market giveth, I like to taketh:)