Old: 1 AAPL $112.50 Put, $145 Call – 01/15/2021 Strangle sold on December 18th 2020 didn’t work out as hoped. Closed it for $145. Not a win, not a loss. Closing and moving on.
New: Sold 1 DKNG $42 Put 01/22/2021 for $105. Collateral is around $520 including credit.
- Management Plan – Close out for 50% profit.