In today’s portfolio analysis, we take a look at our Short Strangle in UBER. This trade hasn’t really worked at all, as UBER has fallen down below our Short Put strike and remained down there for a little while now. However, because of our following the mechanics, we’re actually showing a small winner on the position. As a result, we have to decide what we should do: roll the Short Call down into a Straddle or close the position entirely?
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