Neutral trade on the Euro (Skewed Strangle)

Actualizado
The Euro have been on a tear and is due a correction. However I think it will be slowly and gradually start a new range, giving us time to take profit of a volatility contraction.

With 50 days to go I am selling a strangle of the DEC17 Euro Future Symbol /6EZ7. I am giving me some more space to the downside skewing the Strangle a little bit down to around the 20 delta and around the 35 delta to the upside.

The trade:

Sell 1.155 Put
Sell 1.195 Call
Max win $1,625
Expiration date 10/7/2017
Operación cerrada: objetivo alcanzado
eurooptionsstrangleVolatility

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