Short EDX 98.25 Straddle vs EDX 50 Wide Strangle (87.6 days to expiry)
This trade might be interesting depending on your view here, risk is 25 cent – Premium, which at last night close was 18.5, so 6.5 cents. It closed last night just off 10 year highs (20) at 18.5. Breakeven between 98.065 & 98.433.
How has this trade performed over time? Over 10 years it averaged 10 cents.
Trade booked for tracking
