/ES 11/24 Short Strangle
fool.com
/ES 11/24 Short Strangle
Let’s track a short strangle… Yesterday (10/3) during the market downturn, I opened a short strangle on /ES (emini S&P500 futures) 11/24 expiration (52DTE). IV Rank was around 33. Short the 4000 Put for 39 points ( $1950). Short the 4500 Call for 18 points ( $900). These were around .16 delta. Total credit received 57 points ($2850). Buying ...
Oct 7, 2023
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