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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (158325)1/18/2003 6:08:06 PM
From: tejek  Read Replies (1) of 1573135
 
Buying a strangle is options strategy that would be used if the investor (or perhaps speculator is a better term) was convinced the market was going to make a big move in either direction.

So what you are saying is that the guy in question doesn't know which way the market is going so he hedges his bets.

Thanks for the links........I'll check them out.

ted
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