Sideways Strangle is a new income system in the catalog. It is marked coming soon — you can see it in Available Systems, but it is not ready to deploy or trade yet.
What it will do
When markets are range-bound (not strongly trending), the system is designed to sell a short strangle: an out-of-the-money call and an out-of-the-money put together, collecting premium from both sides.
Who it's for
Traders who want premium income specifically when the market is moving sideways, rather than leaning on a single directional put or call sale.
Planned requirements
Minimum allocation: $10,000
Brokerages: intended for all supported brokerages once live
Approvals: uncovered / short options approval, plus a margin account with enough buying power for naked short options
IRAs: not supported — short strangles are generally not allowed in IRAs
Current status
The system appears in the catalog with a Coming Soon note. There is no live strategy engine behind it yet. We'll update this article when deploy and trading go live.
Risk note
Short strangles carry substantial risk, including losses larger than the premium collected if the market makes a large move in either direction. Don't allocate capital to this strategy until you understand naked short options risk and your brokerage's margin rules.