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Buying any option costs a ‘premium’ Remember, changing volatility will impact put and call cost. 16 Long Straddle. 17 Short Straddle For every buyer, there must be a seller Sell a call and a put of the same strike and expiration Options Combinations & Strategies

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Sheldon Natenberg – Mastering Option Trading Volatility Strategies Join the ranks of the most successful option traders by mastering the key concept affecting option pricing – volatility.

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