A ‘short strangle’ options trade for a stock trapped in a trading range

Michael Khouw goes through the basics of a strangle options trade and how this software stock could be a good candidate for one.

Trump’s Justice Department drops its probe into Fed’s Powell, paving the way for Warsh’s confirmation April 24, 2026
President Donald Trump’s Department of Justice on Friday said that it’s backing down in a standoff over the leadership of the Federal Reserve, an announcement that is expected to pave the way for Trump’s nominee for Fed chair, Kevin Warsh, to take over for Jerome Powell when his term in that role ends on May […]
Victor Reklaitis
Here’s a smart way to beat the U.S. stock market — and 10 ETFs to get you there April 24, 2026
International stocks are likely to keep outperforming the S&P 500.
Mark Hulbert
As Americans turn to blue-collar jobs for stability, here’s which ones offer the most security — and which offer the least April 24, 2026
College affordability issues and tech layoffs have boosted interest in the skilled trades, but “blue-collar work isn’t necessarily insulated from other market forces.”
Venessa Wong
Mortgage rates inch lower — and chip away at the ‘lock-in effect’ that has hurt home buyers April 24, 2026
Mortgage rates fell for the third straight week, a welcome sign for a housing market challenged by high prices and sellers reluctant to give up their own favorable rates.
Andrew Keshner
Employee buyouts like Microsoft’s could become more common. Here’s what workers need to know. April 24, 2026
In today’s job market, buyouts like what Microsoft is reportedly proposing might become more common.
Hannah Pedone
Retiring abroad? Watch out for this expensive housing mistake. April 24, 2026
It’s an exhilarating time, but it’s important to be cautious during those early expat days.
Edd and Cynthia Staton
Amazon’s chip business scores another major win April 24, 2026
Amazon’s stock jumped toward a record high Friday, after the company announced that Meta plans to use tens of millions of the company’s Graviton chips for agentic AI workloads.
Christine Ji
I’m 56. My home has $400,000 in equity. If I lose my job, should I do a reverse mortgage? April 24, 2026
“I currently make $145,000, and my wife makes $98,000.”
Quentin Fottrell
‘AI genuinely freaks me out’: Do I leave my cushy $150,000 nonprofit job for a $215,000 position in data analytics? April 24, 2026
“There’s basically no upward mobility unless someone above me leaves.”
Quentin Fottrell
‘My child will need lifelong support’: I’m in my 40s with $330,000. How can I make this last both our lifetimes? April 24, 2026
“The portfolio has grown, but I can’t help feeling that it hasn’t grown as much as it could have.”
Quentin Fottrell