Market Measures - December 18, 2020 - Risks and Rewards For Different Underlyings
In Tuesday’s Market Measure, we showed that [45 DTE 16Δ strangles have a roughly 50% chance of reaching half max profit](https://www.tastytrade.com/tt/shows/9/episodes/56701?utm_campaign=archive&utm_medium=link&utm_source=social-share) (prior to 21 DTE) for a range of different underlyings. However, strangles with these underlyings have different profit potentials and exposures to extreme losses. Join Tom and Tony as they compare the risks and rewards for 16Δ strangles with different underlyings.