In higher implied environments do you prefer to sell:
27%
Tighter Strangles
27%
0
73%
Wider Strangles
WINNER
73%
5
73%
Wider Strangles
73%
Matthew Schaefer
smaller account, so i might throw out a wider strangle in a higher priced underlying
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Brian Silcott
In my system, in non-trending markets, I go wide. When trending, it's wider to the trend direction & will buy closer (30-45 delta) into price direction.
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