In today's edition of Resize and Analyze, we have four totally different types of trades. We analyzed the trades both from Tom and Liz and Jenny!
The trades analyzed are:
- MAR (Marriott) Strangle -- Kai converted this to a $5 wide Iron Condor - synthetic Strangle
- NFLX (NetFlix) short stocks (a scalp position from Tom) -- resized into a wide, ATM put spread
- INTC (Intel) call ratio spread -- restructured into an Unbalanced Iron Fly, which reduces the capital requirement over 50%
- QQQ (Nasdaq ETF) Call Ratio spread with different expiration cycles -- Kai used a Wide, ATM spread to replicate the naked short position.
Tune in as Kai walks through his reasoning and get Tom and Tony's take on his adjustments!