Similar to NFLX….
Original position was 149/160 strangles @ 2.19. Sold weekly 149 calls @ 1.01 replacing the worthless 160 calls.
New position is 149 straddles @ 3.20. And now we wait and let theta do it’s job!
Similar to NFLX….
Original position was 149/160 strangles @ 2.19. Sold weekly 149 calls @ 1.01 replacing the worthless 160 calls.
New position is 149 straddles @ 3.20. And now we wait and let theta do it’s job!