When selling strangles, do you always maintain Delta neutral by adjusting strangles ?
One should anticipate the level where it Is most likely to trade at in a given period and consider that price as Mid.
Now coming to delta neutral, that is the goal of the spread, but neutral in terms of quantity is a good way to describe it.
The mistake i'm referring to is, where people try and execute the two legs with almost equal prices of both legs.
This isn't required, keep qty same and target where price will go in a given period or in which range it will expire / or spot where you intend to exit.