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URL:  http://boards.fool.com/i-havent-a-clue-on-straddles-need-to-learn-them-26086904.aspx

Subject:  Re: Hello Date:  11/10/2007  4:26 PM
Author:  halon090 Number:  371 of 377

I haven't a clue on straddles. Need to learn them. I think my thinkorswim account teaches it as well.

I am heavy cash at the moment. I buy calls and puts in the underlying stocks. Typically at the money 4-6 months out looking for a Delta around 62-65. As such that allows me to get the movement of the stock with a small amount of money invested. Have done very well the past few months. I am a technical trader and spend most of my time on the It Is What It Is board.

ny
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