Definition: A strangle is an options trading strategy in which a trader buys and sells a Call option and a Put option of the same underlying asset simultaneously at different strike prices but with ...

In options trading, a "strangle" refers to an options position that consists of both a call and a put option on the same underlying stock, with the contracts having identical expirations but differing ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A Long Strangle is an options trading strategy that involves the simultaneous buying of an out-of-the-money put and an out-of-the-money call with the same underlying stock and expiration date. Similar ...