Volatility still remains relatively high across the board, with this morning’s trading action further boosting it.
I’m on the hunt for some delta-neutral, short-premium plays to take advantage of this environment. But the trick is finding an instrument that is showing signs of potential range-bound action. Too many of my go-to sector ETFs are trending (mostly lower) and trends are the enemy of delta-neutral strategies.
I had to dig a little, but I think I found the right instrument for us to earn some options premium in.