Hi guys!
For this 4 weeks 10% strike we have only 50% for an iron condor.
A Long strangle with this moneyness has only 17% to make money. But we know that our odds are 50%, much higher than what the market pays.
So I go long with a long strangle!
Enjoy your wallet!
Tari
For this 4 weeks 10% strike we have only 50% for an iron condor.
A Long strangle with this moneyness has only 17% to make money. But we know that our odds are 50%, much higher than what the market pays.
So I go long with a long strangle!
Enjoy your wallet!
Tari
Trade closed: target reached:
Small gain, but always profit!