cuegis 683 Report post Posted September 13, 2016 If you want to take advantage of the all around spike in IV , in a safer product, with very small risk. Take a look at the QQQ Oct monthly ...sell the 115 straddle/buy the 112 put and 118 call for a credit of 2.45 The QQQ's, throughout all of this movement has been stuck right at 115, moving no more than .30 cents either direction. Your max loss is $3.00 minus the $2.45 premium you collected, leaving you with a .55 cent maximum risk and a maximum gain of $2.45 ( although not likely to land right at 115 after another month). Share this post Link to post Share on other sites
