#ShortStrangles – Adjusting next week’s 280/290 strangle…booking one side and rolling threatened side out a couple weeks into a new strangle.
Bought to Close IBB MAR 17 2017 280.0 Put @ .20 (sold for 5.28)
Then:
Rolled 290 call out to March 31st 297.5/300.0 Strangle @ .21 credit (also carrying forward the 3.30 received from 290.0 original call sale).