Straddle and Strangle Option Strategy

<p>What is a long strangle option strategy? A Long Strangle options strategy is when you buy an out of the money put option and an out of the money call option. You are expecting a big move in the price of the underlying stock. It doesn't matter which direction the stock price moves in as long as you get big enough of a price movement to profit on the trade from selling a contract back to the market or from exercising an in the money contract at expiration.</p> --- This episode is sponsored by · Anchor: The easiest way to make a podcast. <a href="https://anchor.fm/app">https://anchor.fm/app</a> --- Send in a voice message: https://anchor.fm/wstrades/message Support this podcast: <a href="https://anchor.fm/wstrades/support" rel="payment">https://anchor.fm/wstrades/support</a>