Buy IWM via selling puts and selling a strangle
Sell
IWM Nov 74 puts
Sell
IWM Dec 70/88 strangle (88 calls, 70 puts)
These
filled in the morning. I take some small positions after many weeks
of no trading. My only other trading position is short LGF Dec 11
puts.
Why now? The stock almanac shows November to be a strong month. As always, seasonality is one of the weaker indicators. I have tons of free capital to deploy, and the recent selling squall is an opportunity to dip my little toe in the water.
Why now? The stock almanac shows November to be a strong month. As always, seasonality is one of the weaker indicators. I have tons of free capital to deploy, and the recent selling squall is an opportunity to dip my little toe in the water.
Net
long IWM
long
LGF
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