Short Strangle with Interactive Brokers - Double the Premiums

What to do when you sell a put option and it gets assigned? In this video I demonstrate step by step how to trade a short strangle - a powerful options strategy.


⌚Video Chapters:
0:00​ Intro to what a short strangle is.
1:06 Example of a short strangle using Stella-Jones stock (TSE:SJ).
2:16 Starting a short strangle in IBKR, Trader Workstation.
6:19 Technical analysis on SJ to make sure the strike prices make sense.
8:17 Adjusting the price to get the order filled.
11:33 How to calculate the break even points to determine risk.
12:32 Other risks to look out for.
14:04 What kind of stocks you can use the Short Strangle on, and when to use it.

To read up more on my short strangle trade and other options activities, see my latest blog post where I describe in more detail about my Stella-Jones options. https://www.freedomthirtyfiveblog.com...

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#optionstrading #stella-jones #shortstrangle #sellstrangle

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