dr.fred on Nostr: you buy a call wide over the last price then you sell a call a little bit lower at ...

you buy a call wide over the last price
then you sell a call a little bit lower

at the same time you

sell a put wide under the last price
and you buy a put lower

you get a credit, the cap req is very low
the risk is extremely low
and when the price goes nuts, you can adjust easily
if it stays in the frame, you keep the credit
you make money from the asset doing nothing