# @tastyliveshow on YouTube - **Type:** Video - **Original URL:** https://youtube.com/watch?v=rIC9ltLC9vc - **Gondola URL:** https://gondola.cc/posts/66127311-tastyliveshow-youtube - **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/d571d7e89b.jpg - **Posted:** 2026-06-01T17:06:30.000+00:00 - **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow ## Caption Apple is down nearly 2% today and IV rank is climbing toward 40. That combination is exactly what you look for before selling a strangle. The trade: sell the 280 put and the 335 call in the July cycle with 46 days to expiration, both at one standard deviation. The credit collected is over $400, theta decay runs at $13.50 a day, and the break-even on the downside sits near a level Apple has not traded at since its late May gap up. Both strikes are outside the expected move and the upside has never even been tested. Starting June 4 when the PDT rule is gone, this type of trade is accessible in any margin account with the right buying power. That changes a lot for smaller accounts. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Apple Setup and IV Rank 0:32 Short Strangle Structure 1:32 Buying Power and Theta 2:06 Apple Chart Check 2:37 PDT Rule Gone June 4 #apple #aapl #strangle #optionstrading #ivrank #nakedstrangle #optionsstrategy #tastylive #optionsincome #howtotradeoptions Disclaimer tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer. ## Stats - **Views:** 840 - **Likes:** 54 - **Shares:** 0 - **Comments:** 1 ## Tags nakedstrangle, tastylive, optionstrading, ivrank, aapl, optionsincome, howtotradeoptions, strangle, optionsstrategy, apple --- Copyright (c) Gondola