[Options Premium] Looking For Some Premium to Sell
September 13, 2021
As is often the case, the Labor Day Weekend has come and gone and some volatility has been reintroduced to the marketplace. And I say: "Welcome back!" with outstreched arms. Volatility = opportunity. Let's get after it.
With the rising volatility, we're seeing premiums start to pump up in options land. When this is the case, I always start hunting for some delta-neutral credit spread opportunities.
Today's hunt has yielded an excellent candidate with clearly defined levels for us to lean against.
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