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






