I’ll try to keep it short…LOL

Had 108/103 BuPS this week against next week 103/108 Becs. On the pullback sold to close this week 103 long puts @ 1.83. Also rolled short 108 puts to next week 108 puts @ .46 credit.

This leaves next week:

103/108 Bear call spreads against 108 naked puts. All together credit received of 8.30. Either we rally up through 108 and Becs is max loss and naked puts are worthless for 3.30 net gain OR we tank and BeCS goes out worthless and still have naked puts at about 99.70 basis. At that point I would probably sell bear call spreads again.

Still no regrets on trying to turn the DR loser into a winner!