Portfolio Adjustments at 21 DTE


Feb 26 2021 25 mins   1
With exactly 21 DTE left in the March cycle, we use the day to make all the necessary adjustments to our positions that need to be made. This includes taking off our Long Vertical Spread in SBUX for a small winner and taking off our Short Strangle in TWTR for a small winner. With our defined-risk positions in NIO and BABA, we can’t roll forward for a credit, so we’re forced to sit and wait in the current expiration cycle.