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Re: la-tsla-fan post# 74641

Tuesday, 02/07/2023 8:06:12 AM

Tuesday, February 07, 2023 8:06:12 AM

Post# of 88086
To simplify that more, my strategy is a few more steps beyond that. Selling only one leg of the straddle when I believe a possible correction will occur, and calling out a new "mark" as the strike that I'll straddle again with the proceeds, while keeping the less valuable leg of the previous straddle. Volatility is my friend. Keeping this constant rythymn moving as the price bounces back and forth is the ultimate goal. And it can be done with only $100 in your profile but is far more risky due to OTM positions.
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