Joe Sellati Options Atlas
Example · XYZ $100

Pick any of 31 option strategies, set a stock price, days to expiration and implied volatility, and see the payoff, Greeks and odds. Where a strategy is one I trade, the page also shows the checks I run before entering and how I plan the exit. It's a model, not a quote screen: no prices are live and no orders are placed. It’s for education only, not trading advice; see the disclaimer.

Short Strangle

Build the trade

Rate: 3-month Treasury, 4.28% at the Oct 15, 2026 close. Short strikes are placed by delta, the way I'd pick them from a chain.
LegQtyTypeStrikeExpiryDTEPriceIV %Delta

Profit & loss

At first expiration Today ±1σ expected move

How I’d check this trade

My entry rules, applied to the setup above

    Exit plan

    Defense

    Quick reference

    joesellati.com