A Staple Premium Selling Idea in $XLP | Options Trading w/ Sean McLaughlin & JC Parets |
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For this week's trade, we're selling an $XLP August 69/76 Short Strangle for an approximately $1.10 credit. This means we’ll be naked short both the 69 puts and the 76 calls.
Get the full details, risk management procedures and targets for this trade: https://allstarcharts.com/options-putting-on-a-staple-position/ Want to learn more about Options Trading? Take our NEW Options Made Easy Course: https://allstarcharts.com/options-made-easy/ Have any comments or questions? Give us a call: (323) 421-7991 Sign up for the Free Options Trade of the Week: https://options.allstarcharts.com/signup/ Subscribe to this Youtube Channel: https://www.youtube.com/allstarcharts?sub_confirmation=1 Check out my Podcast on Technical Analysis Radio https://technicalanalysisradio.com/ Follow JC on Twitter: https://twitter.com/allstarcharts Follow Sean on Twitter https://twitter.com/chicagosean |