Converting some #pietrades to strangles on the weakness. Went for a run, when I left looked like the market was firming, came back to chaos and panic. It was only an hour run!
Anyway STO ANDV 22 DTE 108 call at 0.5 for 95/108 strangle and put side cost basis 94.19
STO UTX 29 DTE 134 call at 0.48 for 125/134 strangle with put side cost basis at 124.03
STO NSC 22 DTE 143 call at 0.85 for 131/143 strangle with put side cost basis at 129.1
If they rebound will buy stock, otherwise it basically doubled theta rate and should be able to roll or close early for some profit.
Options Bistro 