Thursday, May 28, 2009

[TheOptionClub.com] Anybody Making $$ on Long Straddles?



Reason I ask is that I feel that in the current environment they might be one of the best strategies, but I have always been very hesitant to put them on because of their relatively high cost. I have always been a net seller of premium, low delta stuff, so it's new territory for me. Specifics would be helpful, ie, what stocks tend to be volatile enough, and specifically when to put them on, ie, 3 weeks before earnings? Which expiration? Thanks,

Theta King

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