#ShortStrangles #SyntheticStock – Adjusting to protect myself against some sort of a crazy buyout. Short next week’s 27/31 Bear Call Spreads. Stock has rallied so booking the gains on the long 31’s and buying more calls out and up. Pocketing the difference and maybe using that to finance the 27 roll.

Sold to Close AAOI APR 20 2018 31.0 Calls @ .70

Bought AAOI JUN 15 2018 50.0 Calls @ .35