Short Strangle
Sell OTM Call + Sell OTM Put
Expectation : Neutral
Profit When : Stagnant
Risk : Unlimited
Reward : Limited
Max Profit : Call Extrinsic Value + Put Extrinsic Value
OppiE's Note : Short Strangle makes its maximum profit when the stock is within the strike prices bound by the call and puts upon expiration.
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