Closing and re-establishing AMD

Taking profits on the short puts and establishing a new trade to continue selling premium on this (IV rank 41).
-Bought to close $AMD 3/20 42 puts @ .40 (sold for 1.20 on 1/29)
-Sold $AMD 3/20 46/60 strangle @ 1.71 with the stock now at 52.20. Delta neutral with both puts and calls at 19