#spycraft

Finally learned enough (not sure smart would be the correct adjective) to keep some cash on the side for when volatility is higher.

STO the /ES 37 DTE 2480/2900 strangle for 12. Only 4 contracts, the account would handle 8 but see I learned enough to keep some extra on the side to go short or long the future if needed for adjustments or be able to add another week later. Theta is 125 a day on this so hope to hold it for 10 days then roll to next cycle or close for 35-50% profit.

From now on I am taking profits early if they are available. Anything 25-75% would be enough.