Many traders use straddles and strangles in their options trading plan. Today's article will give a synopsis of the setup of each of these strategies, as well as outline some of the key distinctions between the two. What is a Straddle? A straddle is an options...
In last week's article, I wrote about the long straddle in options trading, and how some traders incorporate the strategy into their trade plan. I will now cover the long strangle, another option strategy that features the use of options in unison with each other....