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Hi dmo, Thanks for your opinion! There is a tiny edge. The ede is that sharp movements tend to continue or to reserve substantially. Lets take a stock as an example that hit a 52 week high. It is highly unlikely that the stock will change into the "flat"mode. It will either continue to...

Hi room, Does anyone have experience with the following strategy: - Wait for the market/stock to be in an overbought situation: prices are spiking, vols are falling, etc... - Buy an otm strangle at the market open. The options should have a short expiration. A movement in the...