Opening: XLE August 19th 60/83 Short Strangle
... for a 2.06 credit.
Comments: High IVR/IV at 76/49. Selling around the 16 delta on both sides. Delta/theta .4/5.73.
Comments: High IVR/IV at 76/49. Selling around the 16 delta on both sides. Delta/theta .4/5.73.
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