he short strangle, also known as sell strangle, is a neutral strategy in options trading that involve the simultaneous selling of a slightly out-of-the-money put and a slightly out-of-the-money call of the same underlying stock and expiration date. Short Strangle Construction Sell 1 OTM CallSell 1 OTM Put The short strangle option strategy is a limited profit, unlimited risk options trading strategy … Continue reading Short Strangle (Sell Strangle)