/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

CL_5_15_2015


YTD P&L

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/CL Short Strangle Adjustment

/CL Open trade setup
SOLD -1 STRANGLE /CLM5 1/1000 JUN 15 /LOM5 62/30.5 CALL/PUT @.35
(scroll to the bottom)

Adjustment – Sold 1 /CL Jun 43 PUT
SOLD -1 /CLM5 1/1000 JUN 15 /LOM5 43 PUT @.11