kitkan87

From Widow Maker to Strangles

NYMEX:NGZ2016   NATURAL GAS FUTURES
a month ago
I chickened out of my Widow Maker spread and closed out my position. I replaced it with a 2.7 / 3.6 strangle giving me a total of 2 strangles on. My plan is to strangle the widow maker and make some gains or at least scratch the entire trade.

Horrible puns intended.
a month ago
Trade closed manually: This trade got me. The widow maker lived up to its name and I've admitted defeat.
I closed out my double strangle. A win on the CALL side and a bigger loser on the PUT side.

Net Loss.
Options trader. Theta collector. Cleaner of my house.
Trade log fooo.net

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