How to Trade a Straddle: The Basics of Delta Neutral Options
13:26
YouTubeTom Gentile - America's Pattern Trader
How to Trade a Straddle: The Basics of Delta Neutral Options
In this video, Tom breaks down the basics of constructing a straddle as part one of a three-part series. A straddle is a delta neutral options strategy, meaning it is designed to work without having to predict whether a stock goes up or down. By buying an at-the-money call and an at-the-money put with the same strike price and expiration month ...
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