
Options Education8 min
What Is a Covered Strangle in Options Trading?
What Is a Covered Strangle? A covered strangle is an options income strategy that holds three positions at the same time: long stock, a short out-of-the-money…
Bernardo Rocha

What Is a Covered Strangle? A covered strangle is an options income strategy that holds three positions at the same time: long stock, a short out-of-the-money…

The best options strategies for consistent monthly income are those that sell premium, benefit from time decay, and carry defined or manageable risk. Of these,…