COMEX:SI1!   Silver Futures
-Short Strangle
-16 Delta
-47 'DTE
-99% 'IVR
-$800.00 Credit

I am selling a 16 delta strangle with 47 'DTE. Silver has one of the highest implied volatility ranks in the metals complex and has a good amount of options liquidity as a bonus. This can be traded in either SLV on the stock market or /SI in the futures market. I have chosen to trade this on the futures market.
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