Chungst

An Options Strategy for Volatile Times

To: Arco Wagemakers, I agree with omooc that you ought to have used an example to walk the readers through your recommendation.

Separately, the problem with strangles or straddles as you are aware is the frictional or transactions costs, i.e. bid-ask spread on two positions and commissions for two trades. Then you have to deal with short term capital gains.

Cheers.