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21 August, 06:04

What is the strap strategie

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  1. 21 August, 06:21
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    A strap, or a long strap, is an options strategy using one put and two calls with the same strike and expiration ... A short strap would sell one put and two calls but this strategy profit when the underlying does not move. A strap is may also be referred to as a "triple option".
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