I continue to believe that Mr T. is being forced to end the war soon. VIX is above 17, which is an above reading. I am trying to create an options strategy that will benefit from IV decreasing (Vega negative) but also Theta positive. Another criteria is Delta positive. I am thinking on an Iron Condor positioned in a way that it configures the +Delta I am thinking. Does anyone has another idea?
Theta Positive; Vega negative on SPX
byu/Income_Trader inoptions
Posted by Income_Trader
1 Comment
You want to trade an iron condor but can’t figure out another way to get the exposures you want?
You can just short puts. There’s your long delta, long theta, short vega exposure.