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...
