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NaughtyPines NaughtyPines IWM, D,
IWM: BOUGHT IWM JULY 15 113 LONG STRADDLE (GAMMA SCALP)
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IWM, D
BOUGHT IWM JULY 15 113 LONG STRADDLE (GAMMA SCALP)

Partly out of boredom and partly out of curiosity, I'm initiating a gamma scalping setup here. There are variations on the initial setup, but they usually begin with a long strangle with the long put and long call at the money and at the same strike, with their respective deltas cancelling each other out. As price moves, the notion is to balance out negative or ...

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