Ek long call aur ek long put same strike aur same expiry par.
Long strangle mein kaunse do legs hote hain?
Ek long call ek higher strike par aur ek long put ek lower strike par (dono OTM), same expiry.
Long straddle ki maximum loss kya hoti hai?
Total premium paid D=C+P, jo tab hoti hai jab ST=K.
Premium D wale long straddle ke break-even points kya hain?
K+D (upar) aur K−D (neeche).
Long strangle ke break-even points kya hain?
Kc+D (upar) aur Kp−D (neeche).
Strangle, straddle se sasta kyun hota hai?
Uske dono options out-of-the-money hote hain, toh unmein koi intrinsic value nahi hoti aur premium kam hoti hai.
Straddle/strangle khareedne ka market view kya hota hai?
Kisi bhi direction mein bada move expect karna (high volatility), direction unknown.
Strangle ki "dead zone" kya hoti hai?
Price range Kp≤ST≤Kc jahaan dono options worthless expire hoti hain aur aap full premium kho dete ho.
Long straddle buyer ke khilaf kaunsi do hidden forces kaam karti hain?
Dono legs par time decay (theta) aur event ke baad IV crush.
Modest move par, straddle ya strangle pehle profit karta hai?
Straddle, kyunki uske break-evens current price ke zyada paas hote hain.
Recall Feynman: ek 12-saal ke bacche ko samjhao
Socho ek patakha abhi phootne wala hai lekin tumhe nahi pata ki woh left jayega ya right. Tum do jaale khareed te ho — ek dono taraf — taaki woh jis bhi taraf jaaye, ek jaala use pakad le. Jaalon ki cost hoti hai. Agar patakha barely fizzle kare aur beech mein hi reh jaaye, tumne apna jaala-paisa barbaad kar diya. Lekin agar woh BLAST ho jaaye ek taraf, woh jaala ek bada prize pakad leta hai — tumne jo pay kiya tha usse kahin zyada. Straddle = jaale ek doosre ke bilkul paas (mehenge, aasani se pakad lete hain). Strangle = jaale bahut door (saste, lekin patakhe ko bahut door jaana padega kisi ek tak pahunchne ke liye).
