BTO Jan 26 (AM) 6000 / Oct-22 6500 Put Diagonal @58.65

The long strike is around 200 dMA, while the short is under the 50 dMA. +10 delta.

I have a bearish bias longer term, but in short term I’d like, in a few rolls, to recover the debt, and hopefully move the short strike down to reduce the margin requirement. If the short strike is threatened, will roll it out and down.

Haven’t posted here for a few months. Hope everyone is doing well trading and else.

BTW, I am still in that short daily strangle trade on SPX, somewhat a wild ride after entering it since March.