Chicken Iron Condor and Strangle work best both in good and bad years.
Tag: 1SD Strangles
When to Roll Strangles
Roll when strike is breached. Sell strangles at 16 deltas and roll to 30 deltas.
Watch full video here.
1 SD vs 2 SD Strangles
Manage Trades Earlier
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.
Strangles During Low IV
Trading 1SD Strangle on SPY is still profitable when IVR<50.
Open at 45 DTE
Collect More Than $1 For Strangles
Sell 1SD strangles for more than $1 for improved profitablity.
20 Percent Freedom 