OPENING: /CL APRIL 16TH 65.5/66.5 SHORT CALL VERTICAL
for a 1.60 credit.
Notes: Adding back in the short delta I took off on Friday just in case something untoward happened over the weekend (See Post Below). Put on in the first expiry in which the at-the-money short straddle is paying >10% of the value of the underlying. Scratch at 17.40.
Notes: Adding back in the short delta I took off on Friday just in case something untoward happened over the weekend (See Post Below). Put on in the first expiry in which the at-the-money short straddle is paying >10% of the value of the underlying. Scratch at 17.40.
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