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Earned Strangles - Is That Even Worth It?
The earned strangle has a 82.5% win rate, which is actually a little bit lower than the back test,. And the premium capture is 32%. That is really strong. On this trade log, you're going to see premium capture and you's going to see theoretical premium capture. Theoretical premium capture is if you were trading at the win rate suggested at the average win and loss size; that's what your PCR would be.