Sold a Put option at 30 and sold a Call option at 50, with high IV rank of 37.
This is a bullish play, so the delta is 10. Pretty much have I have 10 shares of the S&P 500.
Hopefully it goes up and pass my Put strike.
This is a bullish play, so the delta is 10. Pretty much have I have 10 shares of the S&P 500.
Hopefully it goes up and pass my Put strike.