OIL - Selling premium into high IVR
-Short Strangle
-16 Delta
-35 DTE
-100% IVR
-$1000.00 Credit
This is a good high IVR premium selling opportunity. Due to oils sharp drop in price in a relatively short amount of time has caused implied volatlity to skyrocket. My straddle has some positive delta bias because I think a relief rally is due so if we get a pop in oil prices it gives my upside a little more breathing room. Although I don't believe a relief rally will amount to much other than a short rally before carving out new lows.
-16 Delta
-35 DTE
-100% IVR
-$1000.00 Credit
This is a good high IVR premium selling opportunity. Due to oils sharp drop in price in a relatively short amount of time has caused implied volatlity to skyrocket. My straddle has some positive delta bias because I think a relief rally is due so if we get a pop in oil prices it gives my upside a little more breathing room. Although I don't believe a relief rally will amount to much other than a short rally before carving out new lows.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.