NaughtyPines

Closed (Margin): XLE August 19th 60/77 Short Strangle

AMEX:XLE   SPDR Select Sector Fund - Energy Select Sector
... for a 1.39 credit.

Comments: Collected a total of 2.49 in credit with this puppy with minimal fuss/muss. (See Posts Below). Closed today with 28 days to go for a 1.10 ($110) profit, which was basically 50% max of the original setup.
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