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Strangle it!
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RayJenkins
Posted 11/2/2014 02:56 (#4156222 - in reply to #4155826)
Subject: RE: Strangle it!


SC Iowa
An option strangle is selling both a put and a call

in this case, against unpriced inventory in the bin

perhaps I should have included that definition in my OP and that might have prevented some of the confusion about what was trying to be accomplished
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