No sector charts, no index charts ... we got no more useful charts

[**D*A**]

I like the idea. Please let us know how it turns out?

My experience in playing straddle/strangle spreads is mixed. It works really well when it works, but I usually find a way to screw it up. Either by taking profits too soon, or not soon enough on the winning positions.

I think if you get in early enough? You can avoid the premium jack up, but if the price moves out of the strangled position, it can lead to a big loss on one side. It could also lead to a big gain on the winner, but timing and execution of the sell is still critical.