Opening (Margin): /MCL August 17th 59/93 Short Strangle

Micro WTI Crude Oil FuturesNYMEX

Description

⋅ May 23, 2023 10:19 PM

... for a 1.37 credit.

Comments: An additive adjustment trade, shorting the +12 delta put and the -8 delta call to flatten out net delta in the position. (See Post Below, for /MCL short strangle opened on 5/19).

Beyond Technical Analysis MCL1!optionsstrategies premiumselling shortstrangle