Does this have a name?

Quote from IV_Trader:

no joking...just never heard of it

Sorry, I assumed from it's increased popularity here at ET that most had heard of it.

Wrangles are call and put backspreads. Risk profile looks like a "W" at expiration.
 
Quote from cohenmichaela:

Sorry, I assumed from it's increased popularity here at ET that most had heard of it.

Wrangles are call and put backspreads. Risk profile looks like a "W" at expiration.

oh , I see , thanks
 
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