OPENING: XLE AUGUST 21ST 32/43 SHORT STRANGLE

90
... for a 1.56/contract credit.

Notes: Camped out at the 20 delta with break evens at 30.44/44.56. Look to manage at side approaching worthless or break even test ... .
Trade closed: target reached
Out for .64 today (59% max). In for 1.56, out for .64, a .92 ($92)/contract winner.

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