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RafelAp
Jul 20, 2016 7:29 PM

Spy volatility long 

SPDR S&P 500 ETF TRUSTArca

Description

strangle comprado
BTO call 16sep 18 per 3,27
BTO put 16sep 17 per 4,25

vi de strikes 11,68% muy baja
En 2 meses va a subir, el iv, principalmete si baja el spy

Alternativa, me gusta mas , put spread, put comprada 216 a 3,87 y put vendida 214 a 3,20
maximo riesgo 690, maximo beneficio 1.320
Comments
Tom1trader
Guess in low IV I like (if directional) a positive Theta (extrinsic of short leg > extrinsic of long leg does it) bull call or bear put spread, the break even lets you be wrong a little bit. More often I use calendars and have been practicing the way tradingview user NaughtyPines does it (soy novato). I see that you follow him too. Thanks for sharing and keep smiling!
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