Strangle
Definitions
A trading strategy using options, constructed through taking equal positions in a put and a call with different strike prices, such that there is a payoff if the underlying asset's value moves beyond the range of the two strike prices.
Equivalents
6 more languages
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.
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