Review: NEUTRAL OPTIONS STRATEGY
Rating: 4 out of 5
Date: 07 8, 2014
Short Strap Strangle is an options trading strategy for a neutral/bearish market when traders think there will be a large price movement in the near future but are unsure of which way it will go.  It differs from a regular Short Strangle because traders must sell twice the number of OTM Call options.  It also has a higher profit potential. Use of this strategy also requires a Level 5 options trading account.  I was a little disappointed with the content of this book, the subject matter is complex and I felt Young could have spent more time with his explanations so that readers would have an adequate understanding of this popular options trading strategy.  I finished the book with more knowledge than I started with but I'm definitely not confident enough to try my hand at it!