Combination option trades: straddle, strangle, strip/strap (FRM T3-39) скачать в хорошем качестве

Combination option trades: straddle, strangle, strip/strap (FRM T3-39)

[here is my xls https://trtl.bz/2PYqErG] All of these combinations are bets that implied volatility will increase. A STRADDLE is long a call plus long a put, both at the same strike price (in my example, K = $20). A STRANGLE is also long call plus long put, but the options are out of the money; the strangle is less expensive but requires a greater movement in the price. Neither the straddle nor strangle have a directional bias: they expect a significant increase or decrease in the price. The STRIP combines two puts plus a call: it is biased in favor of the downside. The STRAP combines two calls plus a put: it is biased in favor of the upside. Discuss this video here in our FRM forum: https://trtl.bz/2vZ6zJJ.