ADI strangle: September 35 puts (ADIUG) and September 40 calls (ADIIH) of course for quickies you should pick up August expiration as they will give a good move in the morning but I'm looking for the swing hold (of the better position)
Risks on DELL trade Max Pain for August on DELL is 30. A close above 30 and below 32.50 would have both the Calls and Puts expire worthless. DELL could easily move over $1.50 from it's current price levels though and the Strangle would capture that move. Just something to consider :^)
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