Light Crude Oil Futures
Updated

Strangle on Oil futures

118
The oil price is going sideways at the moment. The implied volatility is relatively high. I choose a strangle with an 85% probability to finish in the green zone, between the $48-$69 prices in the next 41 days.

I have a follow-up action if the implied volatility will go higher or the price will move sharply up or down.
Always diversify your trades.
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snapshot

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