Closed $AAPL May 4th 180 calls for .46 (today), and 160 puts for .02 (on Wednesday). #ShortStrangle sold for 1.27 on Tuesday.
#ShortStrangle – Had a one lot strangle where I closed the put side as the stock started imploding. Continuing to sell the call side while waiting to add the put side back in at some point.
Sold TSLA APR 13 2018 290.0 Call @ 1.45
#ShortStrangle – Rolled the put side out and down yesterday. Selling calls against it….with 5 or 6 dollars a week available on the call side the put shouldn’t get hurt too badly.
Bought to Close TSLA MAR 29 2018 305.0 Call @ .80
Sold TSLA APR 6 2018 300.0 Call @ 6.05
Position is Apr 6 300 call and Apr 27 312.5 put @ 22.65 credit
Stock gets in between the strikes again then that’s good. Stock keeps dropping then my basis on the short put is 289.85 with 3 more weeks to sell before deciding on the put.
#ShortStrangle – Becoming more trouble than it’s worth…LOL
Currently short this week’s 335 straddle @ 16.40
Closing the call and rolling the 335 put into a new inverted strangle (310/300) for next week. Did the whole thing for a .89 credit.