Selling premium in high IV means we are betting against the high expected move of the product. Because of this, our strategies are typically neutral and have a premium selling component. The complete opposite is true for low IV, where we are avoiding premium-selling strategies due to the low extrinsic value offered in the low expected move range.
Tune in to hear how Mike & Nick navigate the markets, and how they select different products to trade. They also go in-depth with strangle management based on viewer questions!