#ShortStrangles – Fun little single contract position I’ve been playing with….rolling every week to inverted or straddle or strangle or whatever is needed.

Currently sitting at this week’s 332.50/305.00 Inverted @ 17.40 total premium

Weekly premium is through the roof so taking a more traditional approach. Rolling the put side out and down to what I hope is just prior to earnings. Letting this week’s short call side hopefully expire and then continuing the weekly call sales against the short put.

Rolled TSLA MAR 29 2018 322.5 Put to APR 27 2018 312.5 Put @ .40 debit