songlake68 0 Report post Posted July 23, 2018 Hi Kim May I ask a stupid question: sometimes you trade straddle, sometimes strangle. Are there any rules to choose straddle or strangle? Thank you Share this post Link to post Share on other sites
Kim 7,943 Report post Posted July 23, 2018 We trade mostly straddles. We do strangles mostly when the stock is between strikes. More info: Straddle, Strangle Or Reverse Iron Condor (RIC)? Share this post Link to post Share on other sites