I’m back from being a little sick the past few days, and I’m just in time for double diagonals and butterflies. Currently I have a few trades on for April, and I am planning on setting a couple more today. I will be focusing on double diagonals and butterflies, with the double diagonals I will be setting MNX with a long Vega. I don’t think volatility will be going a lot lower, I think higher volatility has a higher probability. And with the butterfly I will be setting that with a slightly bearish tone. Below are the risk profiles of both.
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