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is going to either drop to $1 or less or shoot up to $20+, why not just straddle with short+calls? Am I missing something?
Depends on risk appetite I suppose
True. I guess I'm just wondering how accurate these predictions are. I can see the low end being the case. Not sure about high end.
Right now the premiums are so large that a drop wouldn't net you much. You would have to get below a dollar just to break even
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