#ShortStrangles #CoveredCalls – There was a method to my madness…LOL Turning inverted strangle into a covered stock position.

Current position is 435/415 Inverted Strangle @ 19.35 credit.

Rolling the 415 call out a week to 420 for a small .35 debit and taking the stock at a 416 basis. Should work nicely with earnings the following week and bigly premium available.