Market Mindset - December 15, 2020 - Strangle Management Visualized
Strangle management comes in many shapes and sizes, but the bottom line is that you need to align your trade with your directional assumption, and have a pulse on your net credit and breakeven points. Mike & Nick walk through their tactics for strangle management with the assumption that the stock has rallied to the upside - tune in to see how each adjustment affects delta, directional exposure and the breakeven points of a trade!