Tom and Howard review their portfolio and discuss how the short premium positions they put on have reduced the volatility of the P/L of the portfolio.
Today, they look to close out winning positions and manage a couple positions that haven't gone their way. They closed out Covered Call positions in CRM, DIS, ORCL, and SPOT for near max profit. In AMZN and GOOGL, they closed out condors for near max profit. They then managed a couple of the losing positions, rolling up a naked put in MSFT against an ITM short call, and rolled up naked puts in FB that were sold against short stock.
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