High volatility - zero or minimum risk strategy ?

#1
I trade intraday strangles everyday by selling them. If I am very sure that volatility is going to fall in the next hour, what can be the best strategy which also has minimum delta risk.

Right now I trade strangle and I have to mange its delta every time the market moves, which I dont want.
I would love to bet on volatility instead of Delta.

Thanks
 
#2
Monthly options(far otm) have very less delta /gamma risk than weekly options....
but i guess are more prone to vega risk than weekly.........
 

Similar threads