You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

smarter trades learn how the stock market really works and generate consistent monthly

income. Now your host and head trader at

option alpha.com Kirk depluses.

Hey everyone this is Kirk here again at option alpha

com working every single week to make this the most popular investing

podcast offered online and iTunes because it's based on one thing

and one thing only and that's helping you guys make smarter trades.

So again, thank you so much for tuning into today's show.

I've got a really cool episode,

something that I've often tried to talk about

and try to email back and forth with people on,

but as always, your questions end up becoming the

content that we produce on the show and so please keep it coming because this is a great way for me

just to get my thoughts and my experience into audio format for you guys.

And so in today's show, what we're going to do is we're going to analyze eight different

short strangles for both returns, their ROIs, and their margin requirements or their initial margin requirements.

Now, if you're an Iron Condor trader or a credit spread trader, basically the same concept

would be true. You just have to analyze it based on the spread

width that you're basically looking at. So if you're doing a $2 widespread or 3 or 5 or 10 or whatever,

in this case I really, really want to focus here on these short strangled because I often get the question and this is, I really want to focus here on these short strangles because I often get the question, and this is where the show comes from,

I often get the question like, how do we know what good pricing is on a short strangle?

...