#pietrade STO the 16 DTE…

#pietrade

STO the 16 DTE ANDV 96 put at 0.95.

This was my best performer when it was TSO, was reborn as ANDV but was having trouble finding a range after the merger. Looks like it has stabilized and the options are trading with decent volume again.

I am tweaking the #pietrades a little. Account is big enough now to move up to 5 contracts on 3 tickers at a time. Was doing 3 contracts on 4 names but I think reducing the # of tickers will actually improve returns.