Selling a Corn Strangle

Corn’s volatility is providing an opportunity to sell rich options. I am selling strikes that are equidistant from being at the money so there is no directional bet. I just need time to pass and/or volatility to decrease to make some money on this trade (and the corn price not to take off in one direction).

Sold /ZC Aug 325P/375C strangle for a 12.125 credit.

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