Short Guts
Sell an ITM call and an ITM put to profit from minimal price movement with high risk.
Outlook : Neutral, expecting very low volatility
Profit : Limited to the total premium received
Loss : Unlimited on upside; large on downside
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | SELL | CALL | 1x | ATM - 2 |
| L2 | SELL | PUT | 1x | ATM + 2 |
ATM - 2ATM + 209:2015:15| Preset | Entry | Strikes |
|---|
| Preset | Exit | SL | TP | |
|---|---|---|---|---|
| Firebrick | 15:15 | 0 % | 0 % | |
| Firebrick | 15:15 | 20 % | 0 % | |
| Firebrick | 15:15 | 0 % | 20 % | |
| Firebrick | 15:15 | 20 % | 20 % | |
| Firebrick | After 14:30 15:15 | 20 % | 20 % |
Sell an ITM call and an ITM put to profit from minimal price movement with high risk.
Outlook : Neutral, expecting very low volatility
Profit : Limited to the total premium received
Loss : Unlimited on upside; large on downside