Closed out /CL strangles

BTC Jul 41.5/53.5 strangle at .59, .60, .61 and .62. Market makers kept making me go up a penny each contract.

BTC Aug 39/57 strangles at 0.62.

Loss of $550 on 8 contracts. It would have eventually worked out, but I forgot I am on vacation next week, will have limited computer access and don’t want to babysit positions while kiteboarding at the beach.

Maybe try again when the next series comes out in 2 weeks or if we get some vol restart my /ES strangle ladders. They are easier to manage because of weeklies but each contract requires $6000 to support it.

Now have some margin to play with for trades tomorrow.