An option play where both a call and a put are purchased The call and the put have different strike prices (usually both out of the money), but have the same expiration month, and the same underlying stock or index
To kill someone by strangulation (squeezing the throat so as to cut off the oxygen supply); to choke, suffocate or throttle
The simultaneous sale or purchase of both a call and a put with the same expiration month and different strike prices
die from strangulation kill by squeezing the throat of so as to cut off the air; "he tried to strangle his opponent"; "A man in Boston has been strangling several dozen prostitutes
To compress the windpipe of (a person or animal) until death results from stoppage of respiration; to choke to death by compressing the throat, as with the hand or a rope
The purchase or sale of an equivalent number of puts and calls on a given underlying stock with the same expiration date but different exercise prices The strangle purchaser seeks to profit from relatively large movements in the price of the underlying stock, regardless of direction
An option strategy involving one call and one put with different strike levels but with the same expiry date