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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (35028)2/15/1998 9:07:00 PM
From: Patrick Slevin  Read Replies (2) of 58727
 
Strangle.

I see where the communication breakdown is now. I never quite understood why you did not seem to understand my points in the past,

A Strangle, is done with puts and calls that are out-of-the-money and when the underlying instrument is midway between, okay?

I know I sound like a smart ass but we have to be on the same page with definitions, and that's the definition of a strangle.
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