Oct 20 2020 8 mins 6
Compared to low Implied Volatility Rank (IVR), short premium trades in high IVR are subject to more risk and tend to yield higher P/Ls on average. However, what is the probability of incurring a large loss in low IVR compared to high IVR? Join Tom and Tony as they discuss the probability of strangles incurring large losses (P/L per trade per one lot less than -2x the initial credit) in different IVR environments.
