# Forum for Hermanlau's team (TEAM8a49df7550114517)

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  • 2 days of consecutive gap down means i had to close tbis strangle at an overall loss. Was looking for a better price to close today. Overall, it was still acceptable as total losses still less than total premium received.
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  • Can consider taking profits today as current profits is more than 50% of total premium collected after only one day of holding the options.
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