TSLA

#ShortStrangle – Rolled the put side out and down yesterday. Selling calls against it….with 5 or 6 dollars a week available on the call side the put shouldn’t get hurt too badly.

Bought to Close TSLA MAR 29 2018 305.0 Call @ .80

Sold TSLA APR 6 2018 300.0 Call @ 6.05

Position is Apr 6 300 call and Apr 27 312.5 put @ 22.65 credit

Stock gets in between the strikes again then that’s good. Stock keeps dropping then my basis on the short put is 289.85 with 3 more weeks to sell before deciding on the put.