$SVXY #ShortPuts – Sold SVXY Jun 9 2017 75.0 Puts @ 0.60 with the stock at 132.15
$UVXY #ShortCall – Sold 1 UVXY Jun 30 2017 22.0 Call @ 2.02 with the stock at 15.80.
The strike price is pretty low but it is the highest available for this weekly contract.
good morning everyone – I took the NFLX earning trade – strangle 80/120 OCT 21. I am looking for suggestions as to how to manage. I have 3 options that I can think of – close it for a loss or buy a call or roll it out to week/month. Any suggestions would be appreciated. Thanks