Finally closed this straddle for a minimal loss.

GOOGL opened a bit lower and rallied nicely in the morning until it hit the 1125 range. Once it looked like it was stalling, I decided that I need to start closing this position for a couple of reasons. My original entry was really poor and when looking at the prices that I needed to break even, I didn't like how big of a move I needed.

The upside potential for it to rip higher seemed less likely, and the downside break-even price was 1050, which then needs me to hope for quite a big drop. I couldn't feel confident on whether or not I thought it was going to put in a big move, so it felt right to get out.

Once it dropped below the 10 MA, I decided to close the call leg. Also, the overall market was looking rather soft so I let the put leg run a bit longer in case we got a rapid pull back.

By the last hour, I didn't get a pull back and the price action was starting to rise, so I bailed on the puts.

In the end, because I was able to trade out and in my calls for a lower entry price, this trade ended up being a minimal loss.