XLF, the Financial sector ETF, maybe double-bottoming here in the
short term. Or it may not. But implied volatility in the April options
is at 49.81%, and we know for sure that implied volatility in the
options is well above the historical volatility, so we want to sell a
little bit of premium here.We’re opening the following iron condor for
April expiration…
To read the rest of this article, just click over to our options trading blog…