... for a 1.75 credit.
Comments: Going inverted here with my ARKK short strangle to cut net delta, with the setup now being a 106P/104C two-wide inverted short strangle that's net 35 delta long or so.
It's only got 15 days until expiry, so will probably look at rolling next week unless it pops back up above its downside break even which is the short put strike (106) minus total credits collected (6.01) or 99.99.
Comments: Going inverted here with my ARKK short strangle to cut net delta, with the setup now being a 106P/104C two-wide inverted short strangle that's net 35 delta long or so.
It's only got 15 days until expiry, so will probably look at rolling next week unless it pops back up above its downside break even which is the short put strike (106) minus total credits collected (6.01) or 99.99.
