Michane
04-15 02:13

$SLS 20260417 4.5 PUT$  

$SLS 20260417 10.0 CALL$  

I have a short strangle options position here:

Sell PUT $4.5, sell CALL $10.

Tonight I successfully added more sell PUT lots to my original put position.

My sell CALL at $10 was what I placed way before in early March while SLS was still climbing up. It's deeply OTM (out of the money).

Love selling calls when the stock is climbing up. You can earn a higher premium.

Both short strangle options expire on Friday.

Patiently waiting for both to expire worthless [Happy]  

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