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NaughtyPines
Jan 20, 2023 1:44 AM

Opening (Margin): /MCL March 16th 69/101 Short Strangle 

NYMEX:MCL1!1D
Micro WTI Crude Oil FuturesNYMEX

Description

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... for a 1.70 credit.

Comments: An additive delta adjustment trade, selling the +15 delta put at the 69 and the -9 delta call at the 101.
Beyond Technical AnalysisMCL1!optionstrategiespremiumsellingshortstangledeltaadjustment
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