U.S. and Western intelligence agencies are reviewing classified data showing Israel most likely conducted a strike in the Thursday-Friday time frame, according to both officials.

CNN: SHARE THIS

The reason this is a good time frame is that it gives you enough time so that if the stock price moves toward the strike price of the put early on, the call will likely retain a good portion of its premium and vice versa, which allows expansion of the spread and potential profit.

FORBES: Don't Choke On This Options Strategy: The Strangle