#ShortStrangles – WYNN did it to me again….same as last quarter. Changed earnings dates the weekend before the announcement. Had rolled my strangle into what was supposed to be the week before earnings. Plan was to then have a nice adjusting roll into earnings week. Turned out to be the week of earnings so IV exploded along with a huge move so adjusting again. Kind of a pain but has been a nice cash generator last few months.

Bought to Close WYNN APR 28 2017 120.0 Puts @ .05 (sold for 2.17)

Rolled WYNN 105 calls to May monthly 130/110 inverted @ 1.12 credit.