RH

#ShortStrangles – Out all afternoon but did have a standing order fill. This thing seems pretty mellow while it’s digesting the earnings swings (that was fun!). Adding a shorter term wide strangle to hopefully take advantage of the consolidation. Put side at the expexcted move and call side 1.5x the expected move.

Sold RH JAN 15 2021 410.0/510.0 Strangle @ 6.96