How to Place a Long Strangle Option on Webull | |
A long strangle option on Webull is a strategy where traders buy an out-of-the-money (OTM) call option and an OTM put option with the same expiration date but different strike prices to profit from high volatility. To place a long strangle on Webull, first, ensure you have options trading enabled. Then, navigate to the options chain of your chosen stock, select an OTM call above the current price and an OTM put below it. Click "Buy" for both options and adjust the expiration date and strike prices as needed. Next, review the total cost, considering the bid-ask spread and implied volatility. Finally, confirm and submit your order. This strategy is ideal for traders anticipating large price swings but uncertain about the direction. Monitor Greeks, break-even points, and market conditions to optimize returns. More INfo - https://www.thetradeinfo.com/trade-news/how-to-place-a-long-strangle-option-on-webull/3599/ visit Website - https://www.thetradeinfo.com | |
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Target State: All States Target City : usa Last Update : Mar 03, 2025 3:01 AM Number of Views: 35 | Item Owner : jackmamth Contact Email: Contact Phone: 18885643432 |
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