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The stock is cratering in Thursday trading. The option market had priced the straddle at 9.50 or 9.7%. Thus, in this case, buying the straddle was a profitable move.
That's why the Long Straddle is called a neutral options trading strategy. Several advantages make options a better ...
Investors are keenly watching the stock market as futures fall and anticipation builds around Nvidia's earnings. Among the notable stocks under scrutiny is Pfizer (PFE), currently exhibiting low ...