$DELL Short Strangle Opportunity
Implied volatility is very high in 
DELL, and earnings are not until after August expiration. Right now, the 45/60 strangle for August has attractive pricing, high profit probability, and relatively small margin requirement. DELL would need to rise by 16.4% or fall by 13.7% from current levels to be ITM.
DELL, and earnings are not until after August expiration. Right now, the 45/60 strangle for August has attractive pricing, high profit probability, and relatively small margin requirement. DELL would need to rise by 16.4% or fall by 13.7% from current levels to be ITM. 
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