Strangle pattern for Classic options.

Your capital may be at risk. This material is not an investment advice. The strangle is a pattern of trading classic options used by traders in order to receive profit in situations when high market volatility is expected but the direction of the future trend can hardly be predicted. For example, just before the earning report of the company is published. A strangle is a trading pattern where the trader simultaneously buys out-of-the-money put and out-of-the-money call options of the same underlying asset and the same expiration date. Strangle pattern means potentially unlimited profit…

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