SPDR S&P 500 (SPY): Today I strangled the $425 puts and $426...

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masterofdisaster

Re: nowwhat2 post# 377139

Friday, 10/20/2023 10:26:13 AM

Friday, October 20, 2023 10:26:13 AM

Today I strangled the $425 puts and $426 calls. Equal contracts. The key is in the bigger moves. If the SPY trades flat it will bleed you. The green side most perform better then the overall strangle, it works most of the time

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