Too busy to post trades yesterday, not much just some clean up.
SWKS rolled 102 and 104 puts for 1 DTE and 7 DTE for 0.94 and 0.60 credits. Sold for 4.15 and 5.25 after rolls. I was ready to close out the #fuzzy on this at max profit, then it dropped 3 points yesterday. So will roll a few more times until I can close it at a profit. Had recovered the 17 point drop, now need 3 more for some profit.
Lost my chicken scratch trade sheet but I also rolled some SVXY puts around 100 out 28 DTE for 1.35 credits.
#spycraft may need to close the /ES strangle 2615/2910 39 DTE depending on what the futures does at the open Sunday night. @fuzzballl cue the chicken, maybe.
If we are down 25-50 points will actually be perfect. We start moving more than that will probably just close. Be ready for anyone else in this trade. We have a lot of range to play with, but I don’t have a lot of margin left so for me will be a necessity to close if it starts going negative. If this were next week, no problem, have some big trades closing but my margin cushion is thin this week.