NaughtyPines

Closed: XOP February 18th 87/117 Short Strangle

AMEX:XOP   SPDR S&P Oil & Gas Explor & Product
... for a 1.27 debit.

Comments: One of the only setups I didn't have to touch/adjust during all the January gyrations (i.e., no side was tested or approached worthless), but I had to wait on it longer than I would've liked. In for a 2.53 credit (See Post Below); out today at 50% max, 1.26 ($126) profit.
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