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Old 11-01-2007, 07:20 PM
stephenNUTS stephenNUTS is offline
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Join Date: Oct 2006
Posts: 964
Default Re: Is this called a Straddle?

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Thats a straddle, different strike prices would be a strangle.

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A straddle is comprised of a put and a call with the same expiration date and both struck at the same price....usually at or near the money

Stephen [img]/images/graemlins/cool.gif[/img]
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