Opening setup/trade (Jan 6, 2015)
Bought back the embedded short PUT vertical (-1190/+1185) for 0.30.
BOT +1 VERTICAL /GCJ5 1/100 MAR 15 /OGH5 1190/1185 PUT @.30
The remaining regular butterfly (1210/1200/1190) is now a risk free setup.
Max. profit at expiration would occur at the short strike (1200). GC is trading around 1294, but there are still 31 day left to expiration. As such there is time to decide on when to close the trade.