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Short Strangle Calculator
VolatilityneutralUndefined Risk
Sell an OTM call and OTM put to profit from low volatility with a wider profit range than a straddle.
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What Is a Short Strangle?
Sell an OTM call and OTM put to profit from low volatility with a wider profit range than a straddle. This strategy has a neutral outlook and undefined risk.
Setup
SELL1x OTM2 CALL
SELL1x OTM2 PUT
Max Profit
Total premium received
Max Loss
Unlimited
Breakeven
Put strike - total premium | Call strike + total premium