I understand the 80/20 (& the 90/10) straddle whereas 80% is placed on one side (a Call) and the other 20% is placed on the Put or vise-versa. So a current stock pick is XLF July 21. Is it 80% Call or 80% Put?
I am missing something or simply do not understand. You show the Ticker, Expiration Month & Price but there is nothing for the Call/Put. I have reviewed the article within the link. I do not believe you are opening all of these as a 50/50 straddle.
Stradle 😊
I understand the 80/20 (& the 90/10) straddle whereas 80% is placed on one side (a Call) and the other 20% is placed on the Put or vise-versa. So a current stock pick is XLF July 21. Is it 80% Call or 80% Put?
Please see the article posted just under the picks.
I am missing something or simply do not understand. You show the Ticker, Expiration Month & Price but there is nothing for the Call/Put. I have reviewed the article within the link. I do not believe you are opening all of these as a 50/50 straddle.