Volatility index VIXY in the money strangle 12/18 epiry

As a hedge setup for over the weekend into next week, I picked up a volatility play.
VIXY 12/18 in the money strangle:

buy 12/18 $15 put
Delta: .52
Theta: .06
Delta:Theta ratio = 8.7

buy 12/18 $14 call
Delta: .71
Theta: .04
Delta:Theta ratio = 17.75

Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com/u/growerik/

Сделка активна:

Sold put side
Holding call side

Сделка закрыта вручную:

Sold call side in $14.75