Options Trading Concepts Live - May 4, 2021 - Rolling Strangles Visualized

published 1 week ago by tastytrade, Inc.

Strangles are neutral delta premium-selling trades where we sell the OTM put and OTM call together, picking up a credit that pushes our breakeven above and below our OTM strike prices.  Today the tastytrade crew walks through their strangle in DKNG to show the power of trading high implied volatility products that stay within a decent range.

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