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Re: Market Technician post# 22969

Saturday, 05/17/2008 6:01:51 PM

Saturday, May 17, 2008 6:01:51 PM

Post# of 72979
buying call and put
at the same strike price with same expiration date called Straddle;
at the different strike prices but with the same maturity called Strangle.
#msg-24255776 Options Strategy: Straddles and Strangles

It is an art and need experience to play them well (luck too :)
you can have potential to loss all your money or make a ton.

Recent example to play GOOG Strangle: #msg-28639335
set up on 3-28-2008: #msg-28024472
PUT went from 12.7 to zero, but CALL went from 6.7 to 80's at OE (4-18-08) due to ER effect


My posting is for my own entertainment, do your own DD before pushing your buy/call button

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