re: looking for option strategy ... sd
Hi SD ... Would you consider a strangle as a combination here?
I have QAN tracking narrowly around major support at $3.16 with a bullish bias although granted there is weakness today thus far on what is an up day generally.
Also, as you would know, high IV (in this case Puts) is usually short-term only so write near term OTM Calls/Puts and soak up the theta and Put IV.
Hope this makes sense as I haven't crunched any numbers so unable to be more definitive than this.
