whymustitellyou
2023-12-28

Sold strangle position for following week slightly early considering next week is a 4-day week. To offset the increased risk, I increased the range between strike prices. 

$TSLA STRANGLE 240105 PUT 240.0/CALL 282.5$ 

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Comments

  • whymustitellyou
    01-03
    whymustitellyou
    Closed both positions at overall profit. While i could potentially still hold till Friday for more profits, idea is to resuce risk as i already opened separate short strangle position. Trying to keep my excess liquidity around 55-60% level ideally. Unable to share image due to app restriction.
  • whymustitellyou
    2023-12-30
    whymustitellyou
    Two high volume red candles and a price action that moves 50% towards put strike price (less thab 1ATR away) has me looking to close this strangle position. Will monitor to find a better closing price if possible especially considering the long weekend.
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