Long Strangle Technical Strategy

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This is a discussion of the "Long Strangle Technical" strategy. See the best combination of moving averages and RSI for non-directional option backtesting, the Volatility Trigger.

Overview

  • Long strangle
  • 2 legs

Long Strangle Technical Strategy Settings

Long Strangle Technical Open Conditions:

  • Stock crosses down through 200-day SMA
  • Stock is below 10-day EMA

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Details on Options TradeMachine is Selecting for Long Strangle Technical Strategy:

  • 1x long 40 delta call near 14 days to expiration
  • 1x long 40 delta put near 14 days to expiration

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Earnings Handling for Long Strangle Technical Strategy:

Long Strangle Technical Close Conditions:

  • Gains are above 20%
  • After open 10 trading days
  • Options reach expiration

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Open next trade for Long Strangle Technical:

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Video Transcript