#ShortStrangles – Been rolling for awhile and gradually narrowing some 121/114 inverted strangles waiting to see which side goes away first. With the stock moving up I’m rolling the short calls into new unbalanced, more bullish, less inverted, strangles.

Bought to Close AAPL JAN 27 2017 121.0 Puts @ .39 (sold for 1.10)

Rolled 114 calls to next week’s 125/120 inverted strangles @ .45 credit (2 puts for 1 call)