Position was 180/155 inverted @ 28.70 for this Friday. Using the wild swing today and rolling out 2 weeks and actually getting un-inverted…(is that a word? LOL!)

Closed call side earlier on the selloff and re-sold out in Sep 2nd expiration on the bounce.

Sold NUGT SEP 2 2016 175.0 Call @ 7.00
Rolled 180 put to Sep 2 2016 170 put @ even.

All factored in the new position is now a normal 170/175 strangle for a nice 32.20 premium captured so far. I’ll wait and look to adjust later on. A single strangle next week also that I’ll look to roll out 2 weeks when (if) the time comes. Seems to be working nicely on the staggered 2 week roll schedule.