For this 4 weeks 10% strike we have only 50% for an iron condor. A Long strangle with this moneyness has only 17% to make money. But we know that our odds are 50%, much higher than what the market pays. So I go long with a long strangle!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.