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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Paul Merriwether who wrote (396)	11/12/1997 6:54:00 PM
From: Ted Jackson	Read Replies (1) \| Respond to of 22640

I've never played a straddle before, but i have been buying puts and calls for a couple of years now. What are some things I should be cautious of? I've really put some thought into straddles (thought and experience are very different, I'll admit) and have come up with the scenarios which would cost me $$$, but I've probably overlooked a few. How can it be expensive?