Straddles and Strangles – Volatility moves in any direction

Straddles and Strangles are non-directional strategies that can profit from big moves in any direction

Created by: Hari Swaminathan
Options Mentor, Financial markets educator, Trader, Investor

What Will I Learn?

• Understand the Straddle and Strangle trades
• Why these strategies are categorized as Non-directional and Volatility strategies
• Clearly understand the negatives of a Straddle
• Master the art of adjusting and closing these trades

Requirements

• All the basic strategies and clear understanding of Vega and Volatility
• Clear understanding of Theta and time decay

Target audience

• For intermediate to advanced Options traders
• Must know credit spreads
• Must know all the basic strategies and adjustments