---
title: "Long Strangle Technical Strategy"
slug: "strategies-and-features-long-strangle-technical"
description: "Explore the \"Long Strangle Technical\" strategy, a non-directional options trading approach that leverages moving averages, RSI, and volatility triggers. Learn the open and close conditions, earnings handling, and specific options selections for effective trading performance."
tags: ["Long Strangle Technical", "Volatility Trading Strategies", "Exponential Moving Average", "Simple Moving Average", "Moving Averages", "Delta", "Call Options", "Put Options", "Market Analysis Techniques", "TradeMachine Features", "Earnings Trading"]
updated: 2024-07-25T15:47:26Z
published: 2024-07-25T15:47:26Z
canonical: "learn.trademachine.com/strategies-and-features-long-strangle-technical"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://learn.trademachine.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Long Strangle Technical Strategy

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

![image.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image%28102%29.png)

#### 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**

![image.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image%28103%29.png)

#### Earnings Handling for Long Strangle Technical Strategy:

- [Never Trade Earnings](/v1/docs/earnings-and-trademachine)

#### Long Strangle Technical Close Conditions:

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

![image.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image%28104%29.png)

#### Open next trade for Long Strangle Technical:

- [At Normal Time](/v1/docs/what-does-the-and-open-next-trade-at-normal-time-and-re-open-immediately-mean)

![image.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image%2871%29.png)

[Video Transcript](https://learn.trademachine.com/docs/long-strangle-technical-strategy-transcript)

## Related

- [Getting Started with the Today Tab](/getting-started-today-tab.md)