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.
You need to have a subscription to access this content in full.
