Closing (Margin): /MCL August 58/89 Short Strangle
... for a 1.29 debit.
Comments: Mixing and matching profitable call with profitable put from short strangles I erected over time. 3.84 net credits received to date, leaving me with the 59P/60.5P/88C/89.5C.
I may go ahead and sell a new short strangle in August to delta balance the entire position back to net delta flat here.
Comments: Mixing and matching profitable call with profitable put from short strangles I erected over time. 3.84 net credits received to date, leaving me with the 59P/60.5P/88C/89.5C.
I may go ahead and sell a new short strangle in August to delta balance the entire position back to net delta flat here.