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NaughtyPines
May 29, 2023 3:21 AM

Opening (Margin): /MCL August 17th 60.50/89 Short Strangle 

NYMEX:MCL1!1D
Micro WTI Crude Oil FuturesNYMEX

Description

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... for a 1.77 credit.

Comments: Selling the +14 delta put and the -12 delta call here as an additive delta adjustment trade to bring the entire position back to net delta flat.

Entire Position: 58P/59P/60.5P/88C/89C/89.5C

Total Credits Received: 5.13
Beyond Technical AnalysisMCL1!optionsstrategiespremiumsellingshortstrangle
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