XHB - HomebuildersGetting long homebuilders here at support. -1 Sep21 $39 put for $.84 cr. Risk: 2x cr received or I'll continue holding and rolling. Profit: 50% cr received or continue to roll. Notional Value: $3900/contractLongby BenjiUpdated 4
XLU - UtilitiesIV isn't extremely high, but has spiked up a bit in Utilities, so I'm looking at placing a strangle here. -1 Sept21 50/54 strangle for $1.14 cr. I will likely manage this position at 50% and we'll deal with specific loss mgmts when we get there.by BenjiUpdated 4
