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With the VIX at historically low levels, there were not any suitable BWB/Ratio Spread trades on hand this past week, both on the Weeklies as well as the standard Monthly options
I want to quote one mentor who posted in a forum:
"The great thing about certain trading styles is that the market almost whispers to you when a strategy is viable or not. Oftentimes the BWB is not there for the taking and hence a trader is faced with a few choices. You could just pass on the trade, or you could get more aggressive and gravitate toward the 1-3-2. Having the 1-3-2 as an aggressive alternative helps you determine whether you really really want to place this trade at such low VIX levels. "
This week the choice was to pass on the trades.
I am still holding the 6 bear call spreads leftover from March.