NaughtyPines

Closing (Margin): /MCL February 15th 63/94 Short Strangle

NYMEX:MCL1!   Micro WTI Crude Oil Futures
... for a 1.12 debit.

Comments: Pairing profitable short put with profitable short call ... . I sold the 94 short call for .79 and the 63 short put for .80 as part of short strangles I put on at different times, for a total of 1.59. Closing out here for 1.12 result in a .47 ($47) realized gain.

Still in the February 15th 66/91 for a 2.02 credit and the March 16th 55/103 for a .92 credit with the entire position leaning slightly long delta at the moment.

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