I am doing short strangle on intraday, i can see the max decay is 10 pips, is it correct or is my strategy wrong?
Strategy:
- 9:30 AM shot strangle with 30 delta CE and PE
- exit around 3:00 PM
could someone educate me…?
I am doing short strangle on intraday, i can see the max decay is 10 pips, is it correct or is my strategy wrong?
Strategy:
could someone educate me…?