Registered: Jun 2010
04-22-12 09:16 PM
Riff Raff has it almost right.
Since I´m developing this in my own mind. I´m playing with variables. I don´t know the technical lingo to call it, or explain it. Perhaps Babu with his expertise in GREEKS can put it into Greeks.
Really I´m sort of using a trending approach to trading the straddle. With order flow, volume and volatility thrown in. It has nothing to do with the spread. The straddle is just the framework to work with and a starting point. I figure three moves should see my straddle finished and out.
Just got back from my swim at the beach. Nice day indeed.