We got some movement in Bonds, and a small rise in Volatility. The Implied volatility is above the last year average, knowing that volatility is always overstated I look every opportunity to sell some premium. This is a small trade, but I will be selling the 33/30 Strangle 49 days from expiration for $1.22 per contract with a probability of making money at expiration of 61.5%, if the price stays between 28.80 and 34.20.
Trade active
Adjustment: We are getting close to our break even and we breached our Call Strike. We are playing defense now (Rolling the Put up), I will buy back the 30 Put and Sell the 33 Put for an additional $0.54 credit and now we have the $33 Straddle. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.