Okay, so there isn't a 1.00 worth of credit in this setup, but I'm going to put it on anyways due to its high IVR/high IV (79/52).
EWZ Jan 29 18.5/26 short strangle
POP%: 70%
Max Profit: $82/contract
BPE: ~$235
BE's: 17.68/26.82
EWZ Jan 29 18.5/26 short strangle
POP%: 70%
Max Profit: $82/contract
BPE: ~$235
BE's: 17.68/26.82
Note
Filled for an .80 credit.Note
Out for 40% of max profit. Freeing up buying power for other stuff ... .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.