... for a 3.30 credit.
Notes: A delta neutral, extrinsic additive trade in the first expiry in which the at the money short straddle is paying greater than 10% of the value of the underlying for which I'm collecting at least one-third the width of the wings; scratch at 17.40.
Otherwise, a perfectly decent, defined risk, delta neutral trade ... .
Notes: A delta neutral, extrinsic additive trade in the first expiry in which the at the money short straddle is paying greater than 10% of the value of the underlying for which I'm collecting at least one-third the width of the wings; scratch at 17.40.
Otherwise, a perfectly decent, defined risk, delta neutral trade ... .