Back to the oil field

STO /CL Sep 17 39/57 strangles at 0.50. Plan is to close in 3-4 weeks. Still have my previous 41.5/55 strangles and pocketed some profit on the call side when I rolled down from the 57. 1-2 more weeks on that should produce some $, theta is over $200 a day so at some point the decay will catch up with the vol.

Next cycle opens in 10 days and will roll the oldest into new ones.