SNOW

#ShortStrangles #ShortStraddles – Rolling out and into a short straddle.

Rolled SNOW JAN 22 2021 327.5 Put to FEB 5 2021 325.0 Put @ 1.10 credit
Rolled SNOW JAN 29 2021 330.0 Call to FEB 5 2021 325.0 Call @ 2.50 credit

Position is now short 325 straddle @ 44.05

EDIT: Have so much premium in this now I’m rolling the call down to reduce deltas. Slightly inverted but more credit than the inversion.

Rolled SNOW FEB 5 2021 325.0 Call to FEB 5 2021 300.0 Call @ 4.10 credit