Pandemic Profiteering?

Interesting Article.

https://www.zerohedge.com/markets/when-qqqs-make-you-queasy

MDLZ

#DiagonalButterfly

BTC MDLZ July 24: 53.5 short straddle @ $1.38 (originally sold for $1.38)
STO MDLZ July 31: 55.0 short straddle @ $2.17

Cover is the Jan 2022 long 40 put / 65 call strangle.

EWZ

#DiagonalButterfly

BTC EWZ July 24: 31 straddle @ $1.54 (originally sold for $1.40)
STO EWZ July 31: 32.5 straddle @ $1.55

Standstill on premium income, but the Sep 18 $30 long call moves further ITM

The short straddle is covered by a long EWZ Sep 18: 24 put / 30 call strangle.