Options Playbook Radio 34: Buying Straddles & Strangles

Welcome back to Options Playbook Radio. For those of you with the book, today we are on pages 48 and 52. You can also find this information on OptionsPlaybook.com.

Today Brian discusses:

• A quick review of long spreads, including risk/reward
• A quick homework assignment: review sessions 4 and 5
• A generic example of a long straddle
• A generic example of a long strangle
• What does the math say 70% of the time?
• And more