Straddle and Strangle are most commonly used option strategies for hedging. Best thing about these strategies is that they are non- directional and both option buyers and sellers can choose these strategies.

If you looking for defined risk and unlimited reward you can choose Long straddle and Long strangle. Incase if you are looking for high probability of success defined reward and unlimited risk you can choose short straddle and short strangle.

In this course I will cover

• Long straddle

  • Key features

  • Key metrics

  • Pay off diagram

  • Strategy builder

• Long strangle

  • Key features

  • Key metrics

  • Pay off diagram

  • Strategy builder

• Short straddle

  • Key features

  • Key metrics

  • Pay off diagram

  • Strategy builder

• Short strangle

  • Key features

  • Key metrics

  • Pay off diagram

  • Strategy builder

• Adjustments for short straddle

• Adjustments for short strangle

• Management of long straddle

• Management of long strangle

• Hedging

• Case studies

I have taken real data of various options to understand exact movement of the options and various key metrics. Selection of the strategy based on implied volatility is very important in case of these strategies. I have explained some of the real case studies of the year 2020, to understand exactly how these strategies work in real world.

If you are somebody interested learning these strategies in depth with more insights on when to enter and exit along with adjustment s, this is the course for you.

By the end of this course you will be in much better position on how to hedge and manage with these strategies.