BpowersCLT

$OIH Iron Condor Opportunity

AMEX:OIH   VanEck Oil Services ETF
Instead of selling a short strangle, it's better to buy some OTM contracts at next to nothing to make the trade efficient in terms of buying power. The breakeven points on the trade aren't GREAT, but, the trade is pretty low risk. If it works, great and if not, hey, we'll get 'em next time.

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