Disclaimer: The below information is intended to describe hypothetical scenarios and should not be considered trading or investment advice.

Condition: In the Fixed Strike Matrix, consider the following methods to sell options premium when the Show Highlights toggle flags a specific strike / expiration combo as having unusually high premium while Skew Premium mode is enabled.

• If option is above current price: Sell call spreads against the listed strike and expiration
• If option is below current price: Sell put spreads against the listed strike and expiration

Pro tip: Check the calendar for events that may otherwise influence volatility on or before the expiration date for the options you are considering. Always ensure that proper risk management is in place when selling options.

For more information, check out our videos on the Volatility Dashboard:

SpotGamma Alpha subscribers can access the SpotGamma Volatility Dashboard here.