Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (34421)	10/26/1998 9:13:00 PM
From: miklosh	Read Replies (1) of 132070

Hi Mike, <I would avoid the short straddles like the plague...> This makes perfect sense to me. How do you feel about long straddles on a volatile stock? I realize the upside is limited by playing both sides.And I am aware that the risk is in losing on both ends. When buying a long straddle is it generally better to close out one side once the stock has started to move, thereby reducing the cost of the straddle (but in effect making it a straight long option play with an additional premium for deciding on direction) or to just wait it out until expiration? thanks miklosh

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next