You Don't Need A Stock To Move In Order To Profit - Investor's Business Daily


8/16/2022 12:00:00 AM2 years 8 months ago
by Investor's Business Daily

Sometimes stocks get stuck in a trading range. This option strategy profits when a stock doesn't go anywhere.

Shopify (SHOP) stock has traded in a range from 35 to 45 since the start of August. For an option trader who thinks Shopify stock may stay in that range, a short strangle option trade is a way to mak… [+2900 chars]

full article...