A New Options Strategy: Short Straddle Eric "The Wolfman" Wilkinson
474 views · Published 29 October 2016 · 1:38:18 · Indexed 8 November 2026
Channel: Pro Trader Strategies TV · 2016 · Howto & Style
www.protraderstrategies.com When a trader is struggling with what the direction of the market is going to go or is under the assumption that the market is going to trend sideways for the next few weeks, it may be the time to put on a short Straddle. Join Eric "The Wolfman" Wilkinson, former Chicago Board of Trade floor trader and 25 year professional trader, as he explains how traders of Short Straddles can be profitable without a market assumption or in a sideways market. Eric will show the correct way to trade a short Straddle to increase their probabilities of success and be profitable in a non-directional market. He will also show how to create an IRA appropriate Synthetic Short Straddle.
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