Options Trading Concepts Live - June 30, 2021 - Mike's DKNG Anatomy of a Trade

published 3 weeks ago by tastytrade, Inc.

Straddles and strangles can be rolled perpetually, with the idea of collecting so much extrinsic value that it makes it very hard for the stock price to beat your break-even points. The tastytrade crew gives you a mid-year update on the DKNG straddle position that they are holding and managing throughout the year. Straddle and strangle management tactics are discussed, as well as long and short premium hedges. Tune in for a live Q&A!

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