– SOLD STRANGLE SLB 100 JUN 15 95/87.5 CALL/PUT @2.21
SLB, like HAL, is finding a range. I put on tight strangles so as much as they take a little more risk I can bring down my contract size and hopefully make a little more money in the long run. I’m expecting my legs to get tested but I do think they will come back to my entry area.
5/26/15 – BOT STRANGLE SLB 100 JUN 15 95/87.5 CALL/PUT @1.45
Decent trade. %49 profit.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!