XLNX=24.65
Great candidate for strangle due to the previously mentioned criteria as posted. The position starts with the non- directional position (STRANGLE) and let the market tell us what the next action needs to be taken.
STRANGLE
BUY +10 XLNX 100 MAR 06 27.5 CALL
BUY +10 XLNX 100 MAR 06 22.5 PUT
DEBIT=1.65
Great candidate for strangle due to the previously mentioned criteria as posted. The position starts with the non- directional position (STRANGLE) and let the market tell us what the next action needs to be taken.
STRANGLE
BUY +10 XLNX 100 MAR 06 27.5 CALL
BUY +10 XLNX 100 MAR 06 22.5 PUT
DEBIT=1.65