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Julia Spina and Mike Butler break down a real trade: one short strangle in the micro S&P futures, opened last December and rolled 13 times for a credit until it closed in September. Julia admits she was a rolling skeptic, since rolling can feel like propagating a directional bet and digging yourself into a hole. This trade changed her mind. šŸ“Š tastylive: tastylive.com šŸ“° Get Tom's pre-market analysis every morning: tastylive.com/newsletters šŸ“˜ FREE Options Strategy Guide: tinyurl.com/bp9ms763 šŸ“± Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Julia and Mike in studio 00:45 Reacting to this morning's data 01:52 Perpetually rolling one position 03:03 Moving the trade to MES 04:19 Julia was a rolling skeptic 05:14 You need a directional lean 06:35 Rolling an in-the-money position 07:31 How the rolling works 08:30 13 rolls, all for credit 09:13 Every credit adds cushion 10:55 The core position idea 12:32 The breakevens mapped out 14:44 T...

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