Options Jive - February 18, 2021 - How Many Trades?
In Tuesday’s Market Measure, we showed how the BPR of a strangle tends to increase with the price of the underlying and decrease with IV.
How many strangles could we have traded at different points of the IV expansion during the 2020 Selloff? Join Tom and Tony as they determine how many short strangles $20,000 could have covered during that time.