Oil Strangle Idea + Watchlist
Updated
Sell Oil 220 CE at 1.7
Sell Oil 200 PE at 3.9
But as 200 is very near, I will recommend to just do the call options and wait for it to touch 200. We can long it with a slight stop loss for better risk and reward game :)
Sell Oil 200 PE at 3.9
But as 200 is very near, I will recommend to just do the call options and wait for it to touch 200. We can long it with a slight stop loss for better risk and reward game :)
Note
Look at the part where I told I don't want to short 200 PE because it is falling. I will short a PE when I see a green candle when 200 is touched and reversed.
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