Opening (Margin): /MCL August 17th 55.5/89.5 Short Strangle
... for a 1.39 credit.
Comments: Selling the 10 delta's here both sides. Will look to manage sides on approaching worthless or on side test.
1.39 on buying power effect of 3.51; 39.6% ROC as a function of buying power effect at max; 19.8% at 50% max.
Comments: Selling the 10 delta's here both sides. Will look to manage sides on approaching worthless or on side test.
1.39 on buying power effect of 3.51; 39.6% ROC as a function of buying power effect at max; 19.8% at 50% max.
