NaughtyPines

Opening (Margin): /MCL August 17th 58/85.5 Short Strangle

NYMEX:MCL1!   Micro WTI Crude Oil Futures
... for a 1.58 credit.

Comments: An additive delta adjustment trade, selling the -16 delta call and the +10 delta put to pick up -6 of net delta.

1.58 credit on buying power of 4.48.

Total credits collected to date: 5.42.

Entire Position:

58P/59P/60.5P/85.5C/88C/89.5C
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