Options Straddles vs. Strangles: The Basics of Volatility and Magnitude Strategies

[The Option Specialist]( 05/10/2021   |   [View in browser]( --------------------------------------------------------------- [Options Straddles vs. Strangles: The Basics of Volatility and Magnitude Strategies]( Traders new to options strategies typically begin with the basic call and put strategies - selling covered calls for potential income and buying puts for temporary downside protection. Although many traders never venture beyond the basics, some look at the versatility and flexibility of advanced options strategies and move to strategies that can help them with pinpointed objectives. When traders first consider moving into more advanced strategies, the first thing they think of is greater risk potential. That's important, but also consider that advanced strategies are more complex, so understanding what your trades will be doing under different conditions becomes even more important. These two strategies - straddles and strangles - could help you get that price volatility (vol) exposure. A straddle options strategy involves buying a call and a put of the same strike and same expiration date, whereas a strangle involves buying an out-of-the-money (OTM) call and put of the same expiration date but different strikes. [More...]( SPONSORED CONTENT [Do You Have Zero Experience Trading?]( Quick!....get this free e-book that was designed to teach beginners how to trade options while you still can. Want to start trading with a small account? Got you covered on that also. Chuck Hughes has taught thousands of beginners how to be successful in trading. [Click here to get the e-book while you still can.]( [Apple Options Traders Bet Against Cathie Wood]( Apple Inc gapped up 1% Friday morning following big bullish moves in market ETFs such as SPDR S&P500 and Nasdaq 100. As the saying goes "gap ups are for selling and gap downs are for buying" and by Friday afternoon Apple's stock had dropped down to fill the gap before trading back up at the $130 mark. News that Cathie Wood's ARK Fintech Innovation ETF sold $38.73 million worth of Apple shares on Thursday didn't deter a number of Apple options traders from betting over $1.97 million the stock is headed higher. Here is a look at the notable Apple options alerts, courtesy of Benzinga Pro... [Read more...]( [These 3 Software Companies Are Screaming Bargains Right Now]( Investors flocked to software stocks during the pandemic, as the need for work-from-home technology solutions surged. But since the beginning of this year, some investors have fled tech stocks as they've looked to other sectors that they think will grow as the U.S. economy opens back up. This has resulted in the share prices of some fantastic software stocks to take a hit, leaving investors with some great buying opportunities. We asked a few Motley Fool contributors for several software stocks that are screaming bargains right now and they came back with Twilio (NYSE:TWLO), DocuSign (NASDAQ:DOCU), and Okta (NASDAQ:OKTA). Here's why. [Article continues...]( [4 Mistakes New Investors Should Avoid at All Costs]( Putting your money at work in the stock market can help your savings grow significantly. But you can also lose money when you invest. And conflicting stories of investment successes and failures that you may have heard could have you caught between feeling excited and scared about your new venture. While you may still make mistakes as you learn along the way, you can limit them as much as possible by avoiding these four things. [Click to continue reading this article...]( [17 Tips To Live Comfortably Off Just a Social Security Check]( Twenty-four percent of those aged 65 and over live in families that depend on Social Security benefits for 90% or more of their income, according to the AARP Public Policy Institute. With the average monthly benefit at $1,523, retirees who rely on Social Security to pay for all of their living expenses are on very tight budgets. There are plenty of discounts and perks seniors can take advantage of once they do retire, allowing them to live a rich life with limited funds. Take the right measures to stretch your benefits as far as possible and live comfortably. [More here...]( SPONSORED CONTENT [11-Hour Options: The Ultimate Income Trading System [Free eBook]]( In this eBook, Dave shows you exactly how he, and other traders, enjoy a 94.8% win-rate over the last 727 trades by focusing on high-probability trades. You're typically only in the trade for about 11 hours. And the goal is to make 4%, 5% or 6% on each trade (average has been 5.3%). 5.3% may not seem like a lot. But when you win 94.8% of the time, it adds up quickly! [CLICK HERE for instant access.]( --------------------------------------------------------------- [The Option Specialist]( Send this to a Friend. [Click here.]( | Not a Subscriber Yet? [Click here.]( All content © 2021 The Option Specialist Neptune Ave, 300 Main Street #711, Madison, NJ 07940 USA Welcome to The Option Specialist, an e-mail service that replaces many of our previous alerts. We hope you enjoy it. If you do not wish to receive this email service, please [click here to unsubscribe](. [Privacy Policy]( --------------------------------------------------------------- © Copyright 2021 The Option Specialist, All rights reserved. All content made available to you through our services are subject to and protected by copyright. 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