Replies to post #97 on Ced's High Risk Options

[originunknown]

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.