Short Strangle VS Iron Condor - Which Is Better?
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Short Strangle VS Iron Condor - Which Is Better?
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Short Strangle like Short strangle option strategy is a range bound Strategy that aims to make money wherein you don't expect any movement in stock or fall on volatility. Short Guts strategy demands underlying not to move significantly i.e., this is non direction strategy. In other words, if the underlying fails to show a significant move trader will keep the premium as the option expires worthless.