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Meaning of strap strategy | Babel Free

Noun CEFR B2

Definitions

A bullish options strategy that is established by buying a two calls and one put option with the same exercise price. The trader is betting on volatility.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

strap-hanging strap-off strap-on strapadictomy strapatsada strapdown

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