XBI Short Strangle 60 DTE Neutral
Been in a channel for quite some time now. Seems to be breaking out to the upside. Markets still choppy, so not a true direction set, especially with the earnings season coming.
IVR is actually a bit too low, but premium is still good for a .18 delta ($2.57) on a +/- $480,- margin.
Sell XBI 17mar2023 Call 100 - delta .1884
Sell XBI 17mar2023 Put 78 - delta .1877
Buy To Close 50% ($1.28)
IVR is actually a bit too low, but premium is still good for a .18 delta ($2.57) on a +/- $480,- margin.
Sell XBI 17mar2023 Call 100 - delta .1884
Sell XBI 17mar2023 Put 78 - delta .1877
Buy To Close 50% ($1.28)
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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.