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https://www.reddit.com/r/wallstreetbets/comments/1iusm7y/weekly_earnings_thread_224_228/mf9l0vc/?context=3
r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • Feb 21 '25
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5
I bought a straddle on ACHR and sold my puts at open and now my calls are gaining money back 😂
3 u/iDidntReadOP Feb 28 '25 Is a straddle a specific buy order, or you just buy both puts and calls? 2 u/[deleted] Feb 28 '25 I believe puts and calls at around the same strike point 1 u/iDidntReadOP Feb 28 '25 So as an example you'd buy both a 7.5 put and call? Wouldn't one have to moon to offset the loss of the other? 1 u/[deleted] Feb 28 '25 Yes, my understanding is it only works with major moves 1 u/iDidntReadOP Feb 28 '25 Makes sense. A volatility play without playing the vix
3
Is a straddle a specific buy order, or you just buy both puts and calls?
2 u/[deleted] Feb 28 '25 I believe puts and calls at around the same strike point 1 u/iDidntReadOP Feb 28 '25 So as an example you'd buy both a 7.5 put and call? Wouldn't one have to moon to offset the loss of the other? 1 u/[deleted] Feb 28 '25 Yes, my understanding is it only works with major moves 1 u/iDidntReadOP Feb 28 '25 Makes sense. A volatility play without playing the vix
2
I believe puts and calls at around the same strike point
1 u/iDidntReadOP Feb 28 '25 So as an example you'd buy both a 7.5 put and call? Wouldn't one have to moon to offset the loss of the other? 1 u/[deleted] Feb 28 '25 Yes, my understanding is it only works with major moves 1 u/iDidntReadOP Feb 28 '25 Makes sense. A volatility play without playing the vix
1
So as an example you'd buy both a 7.5 put and call? Wouldn't one have to moon to offset the loss of the other?
1 u/[deleted] Feb 28 '25 Yes, my understanding is it only works with major moves 1 u/iDidntReadOP Feb 28 '25 Makes sense. A volatility play without playing the vix
Yes, my understanding is it only works with major moves
1 u/iDidntReadOP Feb 28 '25 Makes sense. A volatility play without playing the vix
Makes sense. A volatility play without playing the vix
5
u/No_ragretts Feb 28 '25
I bought a straddle on ACHR and sold my puts at open and now my calls are gaining money back 😂