Covered Strangle Options Strategy (Guide + Examples)

⚡ Free options strategy calculators & visualizers: https://projectoption.com/calculators ☑ Free 160+ page Options Trading for Beginners PDF and bonus content: https://projectoption.com/free-guide A covered strangle consists of simultaneously selling a strangle and buying 100 shares of stock. Another way to interpret the covered strangle is the combination of a covered call and a short put. The covered strangle strategy is ideal for investors who wish to sell their shares at a higher price, or buy more at a lower price. In this video, you'll learn: 1. What are the characteristics of the covered strangle strategy? 2. What does the expiration risk graph look like for a covered strangle position? 3. How do covered strangle positions perform when the stock prices moves up, down, or sideways? Also, you'll see three real trade examples of covered strangles in action. As a result, you'll know exactly what to expect from a covered strangle before trading one. tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Project Finance(Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade.