TRADE ROLL
Chevon Corp. (CVX): 153.67

TRADE ACTION 1: Roll the puts down and out for a credit of around 1.65 – 1.70
BTC the CVX 7-JUL 155 put
STO the CVX 21-JUL 155 put

 TRADE ACTION 2: Roll the calls out for a credit of around 1.90
BTC the CVX 7-JUL 152.50 call
STO the CVX 21-JUL 152.50 call

The Master Portfolio is trading 3 contracts