#ShortStrangles – She’s actually perking up a little bit. Gonna let out the leash and give it some room…selling against DITM puts so treating it like a covered call.

Rolled AAOI NOV 10 2017 44.0 Calls to NOV 24 2017 46.5 Calls @ .25 credit

Current position is an “inverted calendar”…short Dec 80.0 puts and short Nov 17 44.0 calls.
These are 36 points inverted with 19.90 premium received. To get back to even I need to squeeze the inversion in to narrower than the premium received. Stock gets in between and the entire thing goes away…still some work to do but getting there.