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INTP :)

Yes, you're right.

I understand options theoretically, but I'm finding them hard to grok. I know this sounds naive, but if I keep an eye on it and sell the spread while I'm ahead I should be okay?

Hi, I figure I might as well get my bubble burst sooner rather than later. What are the risks to playing a long strangle/straddle besides the stock moving back to where it started?