NUGT put roll (up)

Currently holding April 30/105 unbalanced (1/2) strangles. Since I’m also long DUST and short other calls and call spreads on NUGT I feel it’s worth the risk to tighten up my put side.

Rolled NUGT April 30 put up to 50 for 2.20 credit. Total premium on the strangle is now 5.20 so put side breakeven is just below where the 50ma will be at expiration…not that that will matter if this thing starts tanking!