At Expiry we exercised the 114 Yen put

Average sell USD = 117.05

Net Gain = 117.05-114= 3.05

Gross Gain = 305/255.7= 119% (19% net gain)

12-Month Expiry 2022 - 07- 26 (365Days)

Buy 12-Month JPY Strangle

JPY Call Strike 106..00 1.24% (or 131.5 tics) 6.8 Vol Ref

JPY Put Strike 114 1.09% (or 124.2 tics) 6.05 Vol Ref

Total Premium is 255.7 JPY tics

Rolled Forward at 118.115

New Order

We are going to leave one order to buy the full position back at 110.55

Sell Order at 116.35 filled at 16:55 PM PST 10/Mar/22

Rolled Forward at 115.95

Buy 50% of the hedge back at 113.55

Sell 50% of the hedge at 118.55

Hedge 50% of the position at 101.50 on the downside.

Hedge 50% of the position at 116.35 on the topside

Hedge 50% of the position at 101.50 on the downside.

Hedge 50% of the position at 118.50 on the topside

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