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  1. Ithaca App
  2. Trading
  3. Dynamic Option Strategies

Straddles & Strangles

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Last updated 1 year ago

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Straddle

A long straddle consists of simultaneously buying a call option and a put option with the same strike.

Strangle

A long strangle consists of simultaneously buying a call option and a put option of different strikes; the default strangle loaded presents symmetric strikes approximately around spot.