CL -Strangle
Since the 
CL is circling between 55 and 42 in the last months, I create a new strangle position with 66 day runtime until mid October, selling lower side at 38.5 for a 200 $ premium and higher side 57 for 170 $. Volatility has risen in the last days, which is my main indicator for taking a position.
CL is circling between 55 and 42 in the last months, I create a new strangle position with 66 day runtime until mid October, selling lower side at 38.5 for a 200 $ premium and higher side 57 for 170 $. Volatility has risen in the last days, which is my main indicator for taking a position.
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