Category Archives: /CL

Short Strangle – Light Sweet Crude Oil Futures


SELL -3 STRANGLE /CLQ4 1/1000 AUG 14 /LOQ4 115/92 CALL/PUT @.27 Days to exp. = 51ROC (max. profit) = 810/1980 =~ 40.9% The idea would be to take off the spread around 50% of max. profit.  Hence the actual ROC would … Continue reading

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Short Put – Light Sweet Crude Oil Futures


SOLD -1 /CLN4 1/1000 JUL 14 /LON4 93 PUT @.48 Days to exp. = 55 POP = 88.9% Max. profit = $480 (exc. commissions) Buying power effect = $991 ROC = 480/991 =~ 48%

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