SPDR S&P 500 (SPY): In a whipsawing market a strangle is not...

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Re: masterofdisaster post# 377129

Friday, 10/20/2023 8:11:29 AM

Friday, October 20, 2023 8:11:29 AM

In a whipsawing market a strangle is not a bad game plan, in a big swing in one direction or the other,your back is covered, like you did selling one leg of it, and walked away with profits, always have to close one leg of it, when that big swing happens, and not get greedy, if things bounce and then go flat, that's when the options MM criminals bleed you dry.

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