The Poor Man’s Gamma Scalp – Stratagemtrade

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Summary

• This is the definitive manual on Risk Reversals, but with a twist.

• By a slight manipulation of strike prices, one can create a directional position where you only have to be right for a short period of time.

• Once the underlying moves one or more strike prices, the trader can adjust the position to create a trade with little to no risk.

• From there the market can sit, move higher, or move lower, and your position will be safe.

• Better yet, though, you also have the opportunity to tweak things whereby you can have on a directional play.