TradingView
Ice_
Jul 23, 2016 3:57 AM

Strangle study at PETR4 

PETROBRAS PN EDR N2B3

Description

All data is in the chart. Selling vol.

Comment

Sold at 0.60, at 0.54 right now.

Comment

At 0.43 right now, planning to close at 0.35~0.37.

Trade closed: target reached

Closed at 0.35
Comments
flavio.arruda
Are you planning to reverse the strategy and buy vol soon? I would be grateful if you could share indicators you use to trade options.
Ice_
As an options trader, I rarely use strategies that are long gamma (Which are generally strategies that benefit from a higher implied volatility), I always try to capture the decay (theta) while having a slightly directional bias (or not, like this Strangle). You are Brazilian as well, aren't you? Just send me a private message in portuguese if you have any doubts.
More