Open XOP Strangle

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·@pabs·
0.000 HBD
Open XOP Strangle
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<p>Selling a strangle in XOP for $1,53. This a delta neutral trade. Oil prices have been moving around lately and with XOP (this is a SPDR S&amp;P Oil &amp; Gas Exploration &amp; Production ETF) at 50% Implied Volatility Rank I am selling premium. Strike selection for this trade, 30 / 33 in August.</p>
<p>Side &nbsp;&nbsp;Qty &nbsp;&nbsp;Pos Effect &nbsp;&nbsp;Exp &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Strike &nbsp;&nbsp;Type &nbsp;&nbsp;Price &nbsp;<br>
SELL &nbsp;-1 &nbsp;&nbsp;&nbsp;&nbsp;TO OPEN &nbsp;&nbsp;18-AGO-17 &nbsp;30 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PUT &nbsp;&nbsp;&nbsp;&nbsp;$0.93<br>
SELL &nbsp;-1 &nbsp;&nbsp;&nbsp;&nbsp;TO OPEN &nbsp;&nbsp;18-AGO-17 &nbsp;33 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CALL &nbsp;&nbsp;$0.60<br>
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👍 ,