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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Gush who wrote (3674)1/9/2005 5:08:09 PM
From: Vendit™  Read Replies (1) of 8752
 
Gush,

I believe what I am thinking of is a “straddle position” where you have both sides of your position hedged so no matter which way the stock moves…you will come out being the winner. The only thing is that you have to be positioned to close out the losing position fast once the stock establishes its directional trend.

Have you ever heard or read about this type of option trading? It is suppose to enable an options trader to build wealth very quickly with little risk.

Reid
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