5 Minute Read

JPM Earnings Short Strangle

October 13, 2014

By | 4 Comments

Coach Matt looks at selling options when volatility in the market and specifically JPM due to the earnings this week. He analyzes the Short Strangle on JPM with the expectation that JPM will gap at or less that the expected MMM and less than the short strike prices.

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4 Replies to “JPM Earnings Short Strangle”

  1. Troy Mitchell says:

    I have been wanting to learn this strategy. You make it easy and straightforward. I am going to paper trade it on AXP right now.

    Thanks again.

  2. Matt Justice says:

    You are welcome Troy. That is what we do, take the difficult and make it easy. This ended up being a really good trade as the gap was less than the market expected

    1. When you close this out, do you sell both positions simultaneously or do you sell one of the sides before the others?

  3. Matt Justice says:

    Hey Troy, I will take it both off typically

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