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Strategies & Market Trends : Advanced Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Don Martini who wrote (98)8/2/1998 2:58:00 PM
From: Vol  Read Replies (1) | Respond to of 355
 
DM, Re: selling straddles

I love the idea and McMillan says it has the highest chance of being profitable amongst all strategies. Have yet to do it b/c it involves selling 2 naked options. I haven't heard any testimonies to its success and have yet to hear someone lay out a specific strategy and how they would react to different price moves. Would you mind educating us all with a detailed example?

Thanks,
Vol