Option Trading Strategy: short strangle

A short strangle consists of one short call with a higher strike price and one short put with a lower strike. Both options have the same underlying stock and the same expiration date, but they have different strike prices. Since you are selling both the put and the call, you are collecting premium. As long as the stock price doesn’t go below the put strike, OR go above the call strike, you pocket the premium....

January 5, 2022 · Me

SPY leaps

SPY 2022 $500

November 15, 2021 · 1 min · Me