/biz/ - Business & Finance

From looking at various options volume, I always see 3 strikes, either puts or calls, that have outlier volume. I think this is a form of CC with short outer legs and long inner legs.
This is a credit spread that is far OTM, has roughly 2:1 delta on the short vs long legs, and is on a euro-style chain. It's also placed 1SD away from the upside price forecast, and a 4:1 risk:return ratio. Not sure if this is optimum, but it feels like I'm on the right track to selling weeklies