/CL trades

Original June short strangle (30.5 put, 62 call) opened on March 23.

– Adjusted by selling another put (43 strike) on April 16 during the large rally.
– Closed the 62 call for a loss on May 7 after that side was being tested.  In hind sight if left alone would have expired worthless … of course hind sight being 20/20
–  Both the puts (30.5, 43) expired worthless

Opened a short July 72 call on May 8 & closed it on May 15.

Trade details can be viewed by clicking the image below




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s