In this episode, we are discussing. If you have a copy of The Options Playbook, this information is available on page 68. You can always follow along online at OptionsPlaybook.com.
Today, Brian discusses:
- The caveats of long straddles
- Why do long straddles work in this market climate?
- Looking at long straddles for GE, which announces earnings on Friday, October 16, before the open.
- What is the marketplace implying GE could do AFTER earnings?
- Setting up the trade
- What do you want to happen?
