Darren Winters

Darren Winters says: “A common option strategy is a combination of calls and puts of the same expiry, exercise price and underlying shares. A straddle involves buying the same number of calls and puts at the same strike in a particular contract in order to profit from a volatile market in the underlying shares. If you feel that there may be a sharp movement in the underlying share price, but are not sure as to the direction of this potential move.” - Darren Winters

Darren Winters’ “Thing to remember” 1:
Wait for the prices to consolidate and volatility to decrease before buying the shares.

Darren Winters’ “Thing to remember” 2:
Don’t get greedy. If the share already started retracing back and you have missed the market move, find a next trading opportunity.

Keep watching for more Darren Winters “Things to Remeber”