As the expiration is approaching, time to roll my ITM inverted strangle again (as I do not expect this one to expire worthless).
In this roll I continue rolling my puts down and keep calls at the same level. If the stock continues moving higher, I will start rolling calls higher and keep puts at the same level.
Here is the trade:
BTC 3 X Mar17 35.50 call
BTC 3 X Mar17 39.50 put
STO 3 X Mar24 35.50 call
STO 3 X Mar24 39.00 put
@ 0.28 credit limit
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