Options Strategies
Long Strangle
Buying an OTM call and an OTM put with the same expiration to profit from a large directional move at a lower cost than a straddle. The underlying must move more than the strangle cost to be profitable.
Options Strategies
Buying an OTM call and an OTM put with the same expiration to profit from a large directional move at a lower cost than a straddle. The underlying must move more than the strangle cost to be profitable.