Chapter 06 · Section 6.1

Trading

A trader, viewing a market as stable, should:

a) buy strangles.
• b) write strangles.
  Yes. A "strangle sale" allows the trader to profit from a stable market. Note however, that the strategy was christened "strangle" in memory of a number of good traders who used it when IBM suddenly went volatile in April, 1978 Continue

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