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NaughtyPines

Closing (Margin): /MCL March 16th 61/103 Short Strangle

Micro WTI Crude Oil Futures (NYMEX:MCL1!)  
NaughtyPines  
NYMEX:MCL1!   Micro WTI Crude Oil Futures
Beyond Technical Analysis MCL1! optionsstrategies premiumselling shortstrangle
3
2
beyondta mcl1! optionsstrategies premiumselling shortstrangle
... for a .73 debit.

Comments: Net delta neutral subtractive trade to take off a little risk here, particularly since we still have quite of bit of time to go in the cycle (55 DTE). Filled the legs for a total of 1.03 in credits; closing out here for a .73 debit results in a .30 ($30) profit.
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