tradeTALK

Wider Spreads or More Contracts? Nick Battista has the answer.

Watch Now

From Theory To Practice

Monday - Friday | 1:00 - 1:20p CT

8/21/20: Portfolio Analysis - Short Strangle, Tiny Winner...Roll or Close?

From Theory To Practice

Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

In today’s portfolio analysis, we take a look at our Short Strangle in UBER. This trade hasn’t really worked at all, as UBER has fallen down below our Short Put strike and remained down there for a little while now. However, because of our following the mechanics, we’re actually showing a small winner on the position. As a result, we have to decide what we should do: roll the Short Call down into a Straddle or close the position entirely?

From Theory To Practice More installments

See All »

Latest tastytrade Videos As of September 24

Most Shared From the last 30 days