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Re: ced70 post# 97

Sunday, 02/25/2007 1:02:58 PM

Sunday, February 25, 2007 1:02:58 PM

Post# of 151
Straddles are the simultaneous use of both types of options (puts and calls) to minimize risk when unsure of the direction of a stock.

Profits are greatly reduced and of course the cost of commissions doubles in the process. Nevertheless, for smaller more modest and more secure profits they work for some people.

I don't like that strategy as it does not suit my trading style.

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