#ShortStrangles -This thing is a beast…I’m getting out of the way of the nearer term short calls and letting the way out of the money short puts ride. All the strangles should still be nicely profitable with no more upside risk. Still holding the Jan 2018 short calls which is plenty of short exposure for now.
Bought to Close SVXY MAY 5 2017 160.0 Call @ 2.84 (80/160 sold for 3.00)
Bought to Close SVXY MAY 19 2017 170.0 Call @ 2.10 (80/170 sold for 3.45)
Bought to Close SVXY JUN 16 2017 200.0 Call @ .60 (70/200 sold for 3.85)
Bought to Close SVXY SEP 15 2017 235.0 Call @ 2.17 (65/235 sold for 5.75)
Bought to Close SVXY SEP 15 2017 240.0 Call @ 1.98 (60/240 sold for 5.15)