#closing #shortstrangles DD August 9…

#closing #shortstrangles DD

August 9 I sold a Sept. 20, 65/77.50 strangle so DD headed south. I rolled the call down into an inversion, rolled the inversion to Oct. 25. I was able to close today with a $104.00 gain, more than I would have taken out of the strangle, but with consternation costs.