Rolling: XBI July 15th 65C/75P to August 70/86... for a 9.88 debit.
Comments: As with my IWM trade, paying a debit to uninvert this setup, free up buying power, and turn it into a higher POP (Probability of Profit) setup. I had collected a total of 11.65 in credits up to this point, so I'm still net credit by 1.77 after doing this, but with a smaller buying power footprint and with "delta/theta happy" metrics at -2.66/8.70. Like the IWM trade, however, it's under water: it's currently marking at 5.42. I had a brief opportunity to take it off for a .70 loss, but it decided to move too much ... .
Uninverting
Rolling: NVDA June 17th 170C/275P to July 17th 170P/195C... for a 92.02 debit.
Comments: Now that the underlying has done its "earnings move," I'm uninverting and rolling for a debit that is less than the total credits I've collected so far (95.25). I generally don't like to make a habit of doing this, but with both legs in the money and with the 275 somewhat illiquid (and therefor a pain to roll), I'm doing it here. Still 3.23 net credit to date.

