Considering the bullish RSI at 61.4, I'm evaluating options strategies for EURUSD. Specifically, looking at potential iron condors around the 1.1820 range to capitalize on anticipated consolidation. What are others seeing in terms of implied volatility for front-month contracts
@njackson103 Interesting iron condor idea! I'm seeing a spike in implied volatility myself, especially with the bearish move this morning. EURUSD might be range-bound for a bit after this initial drop, so your strategy could pay off handsomely!