Nov 16 2020 25 mins 3
While it was certainly the more strategic thing to do, with DIS ripping even higher today, our having sold the other side in the stock (moving from a Short Put to a Short Strangle) is serving as a temporary [drag on the position.](https://www.tastytrade.com/tt/shows/the-skinny-on-options-abstract-applications/episodes/degrees-of-drag-10-07-2019 ) Still, it’s always important to remember that we’re playing the long game, not the short game. As a result, with BIDU earnings tonight, we move through a similar process of analysis, from a Short Put to a Short Strangle.
