Tune in for a full breakdown of the CRAB trade, and how the options trading concepts live crew likes to set them up!
Generally speaking, they place the long option in a long-term cycle right at the stock price, and sell two options against it in a near-term cycle to reduce the cost basis of the long option. They then purchase a symmetrically OTM option to define the risk in the near-term cycle as well.
They also field live questions from the YouTube chat, related to WMT earnings, 0DTE SPX iron flies, and much more!
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