Loading Events

« All Events

  • This event has passed.

Swing Trading Using Options -Sideways Moves- #5. Short Strangle

September 2, 2021 @ 4:15 pm - 5:15 pm EDT

Webinar Offer: https://protraderstrategies.com/options-courses/how-to-trade-options-like-the-wolfman/

 

The Short Strangle is an option strategy that profits when the stock, ETF, or Future stays within a 1 Standard Deviation move in either direction (Market Neutral), when set up properly. The Short Strangle is an unlimited risk strategy that has about a 70% probability of success (when set up according to the guidelines discussed in this video). A Swing Trader, who believes an underlying is going to stay in a tight trading range, will not want to miss out on how to properly build a Short Strangle.

Knowing how to quickly spot the optimal market conditions for the Short Strangle option strategy is paramount but,by the end of this course, you understand options intuitively. This is why I spend so much time on the when, where, why and how to trade options but especially with the Short Strangle option strategy. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25 years professional trader, as he will show you how to spot the best time to trade a Short Strangle.