#ShortStrangles – My 325/425 Jan 20 strangle is about 60 percent profitable so I’ll be watching it closely to make sure I don’t give much back. In the meantime, trying to sneak in another one right before earnings…It’s the highest available call strike (I’d rather have slightly higher) so taking a fairly aggressive put position. I’m only doing this because the Jan position hasn’t been in trouble and I’m able to keep a tight leash on it.

Sold REGN FEB 3 2017 335.0/412.5 Strangle @ 8.50