Decided strike width based on approximate straddle price in Nov. It's about 15-16 currently, so went with 20 wide.
Pointless. You add 20 in width and 18 in additional risk. Outside the wings you're long gamma, while still hurting in the 40-wide.
+1 Hopefully newwurld still likes it. fwiw I am in a DEC21-/JUN21 15 Put -2 / +1 calendar for 0.79 credit DISCLAIMER: Don't copy my trade I have no idea what I'm doing : P