Short Guts
| Leg | Trade | Option | Lots | Strike |
|---|---|---|---|---|
| L1 | SELL | CALL | 1 | ATM - 2 |
| L2 | SELL | PUT | 1 | ATM + 2 |
Strategy Details
| Name | Short Guts |
| Type | Two-Leg Credit |
| Description | Sell an ITM call and an ITM put to profit from minimal price movement with high risk. |
| Outlook | Neutral, expecting very low volatility |
| Max Profit | Limited to the total premium received |
| Max Loss | Unlimited on upside; large on downside |






