Buying back short leg in 5yr. puts.

This trade from earlier today looked to be buying back the short leg of a July 114 - 115.5 put spread bought earlier this month some of it on the 11th, with futures around the same area. So it looks like this

strategy is no longer viable or needed. Accutic alerts again can be helpful in determining whether or not trades are new positions or unwinds. We don't always get it right but we try. It would be prudent to look at the open interest report from the exchange tomorrow to verify that the open interest did indeed decline on the trade.We will be checking.