Trade Deep OTM Strangle Options with COG Channel Squeeze
I've used LazyBear's COG Channel for several strangle trades this past two weeks with exceptional returns. A strangle option is simply buying puts and calls with the same expiration. You purchase a strangle when you don't know direction and want to play the rise of volatility (vega, IV) for each direction.
Chart Indicator
COG Channel Squeeze is simply when you see a number of the blue crosses lining up.
I was able to make more than a 6,000% return on my put options, because the squeeze was leading up to earnings date.
More Examples Below. *Check out YUM for a possible play a week or two before 2nd Quarter earnings July 16, 2014.
Chart Indicator
COG Channel Squeeze is simply when you see a number of the blue crosses lining up.
I was able to make more than a 6,000% return on my put options, because the squeeze was leading up to earnings date.
More Examples Below. *Check out YUM for a possible play a week or two before 2nd Quarter earnings July 16, 2014.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.