Opening (Margin): /MES February 17th 3540/4120 Short Strangle

36
... for a 49.75 credit.

Comments: Selling the 16 delta on both sides for my first trade of the year.

Although this routed for 49.75, the max profit on this is actually 1/20th of that or 2.4875 ($248.75) on buying power effect of around 7.05 ($705). 35.3% ROC at max; 17.6% at 50% max. Will look to roll in untested side to adjust delta.

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