SNOW

#ShortStrangles – I may regret this but going way more directional than normal. Rolling put side into the money giving the short call some more protection.

Rolled SNOW JAN 15 2021 290.0 Put to JAN 15 2021 330.0 Put @ 25.75 credit.

Position is now 330/345 @ 35.90

Worse case stock is assigned at 294.10. If the stock rolls over from here I’ll probably roll the call down to set up a short straddle and reduce assignment basis by a little more.