Hi, Yeah, well I just placed my first option trade (okay just paper trading). A May 105 put buy on Expeditors (EXPD). Cross fingers. lol. Anyway, I have a question: If one 'strangles' a stock - i.e. buys a put and call on the same stock, would it be normal to buy the same number of contracts or balance the dollar amount of each position? Thx for your thoughts. By the look of some posts here there'll probably be a bunch of you lamblasting me for a) being a noob, b) phrasing something like a noob, c) doing something like a noob, d) asking questions like a noob and maybe there's an e) - z) too. I come from two non-trading forums where there's a lot of positive help to noobs (that's where I'm not a noob) so I hope the not-so-helpful of you will not bother to write. But it'll be interesting if you do.