Welcome to the Traders Laboratory Forums.
Advanced Search
Traders Laboratory Forums » The Financial Markets » Options Trading Laboratory » "Exiting Call Leg of Straddle"
Options Trading Laboratory Options traders discuss all your long and short term options trading here

Reply
Old 04-09-2009, 11:18 AM   #1

Join Date: Nov 2007
Posts: 87
Ignore this user

Thanks: 12
Thanked 30 Times in 20 Posts



"Exiting Call Leg of Straddle"
What does it mean to "exit the call leg of a straddle"?

Am I right that this means just keeping the puts?

If you do that you change your mind from expecting a big move in any direction to betting that the underlying will be loosing ground?
uexkuell is offline  
Reply With Quote
Old 06-02-2009, 08:49 PM   #2

thinkingfield's Avatar

Join Date: Apr 2009
Location: Long Island
Posts: 10
Ignore this user

Thanks: 0
Thanked 2 Times in 2 Posts



Re: "Exiting Call Leg of Straddle"
this is correct. the 'leg' of any position is just a single part of the trade. so in this case, it is selling the calls. this will leave you with the puts only so this position will now be bearish.
thinkingfield is offline  
Reply With Quote
The Following User Says Thank You to thinkingfield For This Useful Post:
uexkuell (06-03-2009)

Reply

« Straddle Management | Plot Option Volume On Chart? »
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode


∧ Similar Threads
Thread Thread Starter Forum Replies Last Post
Mark Fishers "ACD Trading Method", Seminar Videos Wanted. Szymon Technical Analysis 91 01-31-2011 08:09 PM
"Back in 1986 Pete Steidlmayer wrote about needing to wait for the first 4.5 hrs..." Dogpile Market Profile 4 10-30-2010 05:41 PM
From "zero" (newbie) to a "hero" (professional) ines Beginners Forum 14 07-23-2008 10:32 AM

All times are GMT -4. The time now is 04:02 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.