I closed 5 lot(s) $SE 20240517 45.0 PUT$  ,>90% profit decided to take profit and split the strangle. Leaving the call. Rationale for doing so is that sea is by nature volatile. As earnings is coming next week, there will be increased volatility and options premiums. Holding both calls and puts will reduce the gains that I can gain through increase in options premiums. Day before earnings, I will close the call and add the premiums for this put and that call and reopen a strangle with higher options premiums. Forming a new credit position.
Trading Order
SymbolSidePrice | FilledFilled time
SE PUT
US20240517 45.0
Buy
Close
0.145Lot(s)2024-05-0822:14:56
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  • buythedip
    ·05-09

    what is the exact date?

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    • Bonta
      May 14 is earnings.
      05-09
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  • Aqa
    ·05-08
    👍🏻
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