equus 46 Report post Posted March 28, 2014 I have a question related to straddles/strangles. If we just set a 10% GTC profit target isn't the danger that when the market crashes your position will make only 10% profit when it could have made much more? What is the best practice in relation to setting a profit target, that also allows for a possible oversized gain as in August 2011? Share this post Link to post Share on other sites
Kim 8,043 Report post Posted March 28, 2014 This question has been actually asked here. Share this post Link to post Share on other sites
