How To Trade Long Straddles

[@sonofmoses2888]

You get these messages everyday but seriously OM, you have changed my life and I can never thank you enough.

[@OptionsMillionaire]

Thank you for the kind message! Let me know if you ever have questions!

[@港完]

totally deserved more views. clear and concise like a fighter pilot.

[@OptionsMillionaire]

Love this.

[@theprimonemo]

dude thanks this is great, been lurking since before you started this channel

[@Hoblin]

In addition to long straddles and short strangles, there's also short straddles. Not sure if you've ever done one, but they behave quite a bit differently from short strangles. Much differently than most people expect, because there's not really any gamma risk. Anyway, excellent video, and I look forward to more long straddles.

[@raguirre1988]

Just got your patreon hope to learn more thank you for everything 🙏..watching from Chicago,IL

[@OptionsMillionaire]

Much appreciated!

[@787UrbanApparel]

My favorite strategy 🥰 ... i had profit on both legs the same week or even the same day .

[@aggie22]

I am only just learning, but I was thinking what if you close the winning leg, so you get the profit but leave the losing leg in case if it goes in the opposite direction before the end of the contract so there is a possibility to win on both legs.

[@kkcuzz]

As a beginner this was so clear I understood it

[@OptionsMillionaire]

Perfect. I'm glad I can help.

[@JGGarcia-kh8uq]

Excellent video, very well put together, thanks for sharing!

[@user-by1yn8us9i]

great vid but i am a little unsure of implied volatility, is it high at market open? Otherwise I would see this as being a very succseful strategy buying and holding first 4 hours of the day or so

[@markkimmerling4251]

Thank you! Another tool in the tool bag!

[@OptionsMillionaire]

You're welcome!

[@BillyJ10]

Question. I currently have a cash account so I can day trade unlimitedly. But, due to my account being a cash account, I cannot open any multi-leg trades. Would there be any difference if I bought the call & put as 2 separate trades? Thanks

[@johngutierrez2687]

Would there be any merit to a strategy where you buy a straddle on a Green Day (low IV) maybe 2 weeks out and immediately set a good to close profit target of something moderate like 5%?

[@Kiniagi]

Thank you, I just subscribed

[@StraddleyourSuccess]

Very good strategy!!!

[@hachibahn8844]

thanks a lot !

[@mohitbhalla5864]

SICK EDITING

[@OptionsMillionaire]

Thanks!

[@kenkeller9236]

Straddles will only work on stocks that move 10 points in 15 minutes. After 30 minutes time decay will make it impossible to come out ahead

[@dangerdan5442]

Bump^

[@prettybrwneyez7757]

Delpoy? 😂