Closing (Margin): /MCL March 16th 61/103 Short Strangle
... for a .73 debit.
Comments: Net delta neutral subtractive trade to take off a little risk here, particularly since we still have quite of bit of time to go in the cycle (55 DTE). Filled the legs for a total of 1.03 in credits; closing out here for a .73 debit results in a .30 ($30) profit.
Comments: Net delta neutral subtractive trade to take off a little risk here, particularly since we still have quite of bit of time to go in the cycle (55 DTE). Filled the legs for a total of 1.03 in credits; closing out here for a .73 debit results in a .30 ($30) profit.