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Technology Stocks : Adobe (adbe) opinions
ADBE 320.13+0.8%Nov 28 9:30 AM EST

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To: AlanH who wrote (2329)3/31/1998 10:19:00 PM
From: rocketman   of 3111
 
Strangle that Butterfly!

Howdy Alan. Refresh my memory, please. What's the difference between a short straddle and a long butterfly? I know the profit/loss curve looks very similar except for the unlimited potential loss for a short straddle. (I actually have a long strangle on Adobe right now that's not working out too well.) Be advised I'm not currently authorized for (nor am I really interested in) selling anything but covered calls. But with knowledge comes change! Thanks in advance.

rocketman (doing a Challenger with this Adobe trade!)
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