Strangle existing put options by selling calls to collect more premiums for the same amount of margin. I don't strangle earlier because of high volatility amid geo political tension. Any adverse incidents may cause price to climb quickly over a few days. There's less possibility of that happening with fewer days to expiry but trade off with less premium collection.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Close | 0.21 4Lot(s) | -- Closed |
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- EricVaughan·03-27Solid strategy mate, waiting out the vol makes sense. Less drama near expiry. [强]LikeReport