How does everyone feel about long ITM strangles on the likes of SPY, IWM and QQQ? I know theta is the killer but the known risk and direction neutral open is very appealing. Thoughts please. Thx
How does everyone feel about long ITM strangles on the likes of SPY, IWM and QQQ? I know theta is the killer but the known risk and direction neutral open is very appealing. Thoughts please. Thx