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One options strategy. Two legs. Zero directional bias. Sell an ATM call and an ATM put at the same strike. Each has delta -0.5. Combined delta: zero. No directional bet. Pure volatility play. The greek profile: Short gamma, your risk if the market moves hard. Short vega, you gain when IV falls. Long theta, time decay earns you every day. Small ...
185 views3 weeks ago
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