Close strangles at 21 DTE for best results. Note that what it means is exit strangles at 21 DTE as long as they are profitable. Watch full video here.

A TastyTrader's Journey
Close strangles at 21 DTE for best results. Note that what it means is exit strangles at 21 DTE as long as they are profitable. Watch full video here.

Trading 1SD Strangle on SPY is still profitable when IVR<50.




Sell 1SD strangles for more than $1 for improved profitablity.





2 SD strangle is a viable strategy for indices SPX, NDX and RUT when IV > 50%, manstaged at 50%.





Strangles are profitable in Tastybite accounts with lower priced ETFs.


Managing trades at 50% and IV Rank > 50% improves profitability.




Interesting video on portfolio allocation. Holding strangles to expiration does not beat buying SPY stocks outright. Managing strangles at 50% did.



