NaughtyPines

Opening (Margin): /MCL August 17th 55.5/89.5 Short Strangle

NYMEX:MCL1!   Micro WTI Crude Oil Futures
... for a 1.39 credit.

Comments: Selling the 10 delta's here both sides. Will look to manage sides on approaching worthless or on side test.

1.39 on buying power effect of 3.51; 39.6% ROC as a function of buying power effect at max; 19.8% at 50% max.
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