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Rolled my RBO short call ladder tighter this morning after that 2.54% pop, pushing the strike distribution…by @gareth_options_guy on $RBO

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Gareth M.@gareth_options_guy·Neutral

Rolled my RBO short call ladder tighter this morning after that 2.54% pop, pushing the strike distribution up to capture the implied volatility bump while maintaining downside protection through longer-dated puts, since the chicken operator's margin compression narrative hasn't f

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