The Long Strangle is a limited risk options strategy that profits when the strategy increases in value. The Long Straddle increases in value for several reasons, which will be discussed in depth throughout this webinar. While the Long Straddle is expected to increase in value when the underlying stock, ETF or Future breaks out quickly in either direction, this option strategy can just as easily increase or decrease for reason most traders don’t understand. After cracking the code to trading options, Traders will understand how options pricing really works.

The Long Strangle is a great strategy to advantage of breakout moments that can be used to speculate, trade or hedge a portfolio. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 30-year Professional trader, as he explains how traders of the Long Strangle can profit from breakouts in either direction. Eric will show traders how to crack the code of trading options and, by the end of this course, most will have great takeaways!