NaughtyPines

Opening (Margin): /MCL February 15th 77 Short Put

Long
NYMEX:MCL1!   Micro WTI Crude Oil Futures
... for a 2.13 credit.

Comments: An additive delta adjustment trade, which is a functional roll-up of what was my 74.5 short put. At this point, I'm fine with taking a loss on this very narrow short strangle, so long as I'm net up for the cycle on my /MCL trades, but would naturally prefer to scratch it out. Still keeping on the 67 short put for the moment, as it's providing a smidge of long delta.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.