Viewing a single comment thread. View all comments

S-U_2 t1_ixsg5aq wrote

As someone still learning options. I wonder if buying a straddle at the strike price would be a bit safer when you're dealing with a (currently) light fluctuating stock/etf and selecting a very short expectation date?

2

Nonbinary_Tea t1_ixtfomm wrote

Iron condors are built for what you just generally described. However these are bets and high risk high reward which are highly regarded. You wouldn't likely make 5 fig on an ic of spy for that time frame and it wouldn't get as many up votes

1