A strangle is a popular options strategy that involves holding both a call and a put on the same underlying asset. It yields ...
A straddle requires the use of same-strike call and put whereas a strangle involves out-of-the-money (OTM) call and put. The premise to set up either strategy is your view that the underlying will ...
Palo Alto stock currently trades with a low implied volatility rank, which means it’s a good time to look at a long strangle.