We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan Mentoring Program, which is run by former Market Maker, white badge AMEX Floor Official, professional trader, and longtime MENSA member Stan Freifeld, can take your trading to the next level. To see where you stand, take Stan’s Options Challenge by answering his question on the first Monday of each month.
Every participant who answers this week's question correctly within 7 days will receive a complimentary one-month subscription to The Strategy Zone.* Good Luck!
Stan’s Options Challenge: Question #5
You are contemplating the purchase of a 6-month 100-strike straddle on XYZ stock. The straddle will be the cheapest when:
A) The Call is In-The-Money
B) XYZ is at $100
C) The Put is Out-Of-The-Money
D) The straddle is delta neutral
Click Here to Submit Your Answer
*Answers must be received by 12:00 eastern time on 4/14/14. Participants may only submit 1 answer. The complimentary subscription will begin after the conclusion of the 1 week period. Customers with current Strategy Zone subscriptions will have their subscriptions extended by 1 month. Complimentary subscriptions will automatically expire upon completion. You may continue your subscription at the regular rate, but will not be obligated to do so.
© 2023 The Option Strategist | McMillan Analysis Corporation