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Use historical ranges as an advantage to trade short straddles

Thoviti Brahmachary / Article rating: 3.8

According to history, the market trend only about 30 per cent of the time and the remaining 70 per cent moves in a range. Use this historical fact as an advantage and apply short straddles for profitable trading. You can adjust the short straddle into strangle at a later stage by exiting the profitable position and hedge the loss-making option

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