I did the following to extend duration, lower the strike and bring in additional premium

Rolled today’s 135 puts down and out for 1.38 credit:
Bought to close $PANW May 27 135 puts @ 4.41 (sold for 1.30 yesterday as an earnings trade)
Sold to open $PANW Jun 17 133 puts @ 5.79

Added Jun 17 short calls to lower basis further:
Sold to open $PANW Jun 17 140 calls @ 1.31

I am now short the Jun 17 133/140 strangle.

#Earnings