Strap Definition
What Is Strap? A strap is an options strategy involving one put and two calls with the identical strike and expiration. Traders use it once they imagine a big move…
Posts Tagged: Strap
Strap Options: A Market Neutral Bullish Strategy
The “strap” denotes a market-neutral options trading strategy with profit potential on either side of price movement. Strap originated as a rather modified version of a straddle. A straddle provides equal profit potential on either side…