🔤 Strangle

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URDU

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ENGLISH

📚noun
strangle
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PRONUNCIATION

Standard: stɹæŋɡ(ə)l
Phonetic: stɹæŋɡ(ə)l
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DEFINITION

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.
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SYNONYMS

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