3 years ago

What is the strap strategie

1 answer:

azamat3 years ago

8 0

Answer:

A strap, or a long strap, is an options strategy using one put and two calls with the same strike and expiration. ... A short strap would sell one put and two calls but this strategy profit when the underlying does not move. A strap is may also be referred to as a "triple option".

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