By Karim Rahemtulla It’s earnings season again, which means it’s time to employ one of the best and most effective options strategies…
The strangle.
This strategy has brought in huge profits for War Room members – one member was able to buy a car for his daughter after cashing in on Bryan’s FedEx strangle!
So, what is a strangle exactly?
A strangle is when you buy a call option and a put option on a single stock, but with different strike prices. By buying both a put and a call, you are betting that the stock price will break sharply in one direction.
The best-case scenario is the …read more
