by doing a long straddle you must cover one position at a loss. that may end up being an overall loss at expiration. that is why i don't believe you make any money especially now that option premiums have faded away due to low volatility.
This is taken right off my website BELOW MY PICKS. Maybe you should read it. "As a full time trader who is sitting in front of my platform the whole trading day, I may open a position naked, that is no straddle or hedge, then closely watch the position to see if a straddle or hedge is needed. " Moreover, I state "one should consider OPENING a position in this way, NOT hold both... Here is a link, click here: https://www.traderschoice.net/money-page--stock-picks.html
by doing a long straddle you must cover one position at a loss. that may end up being an overall loss at expiration. that is why i don't believe you make any money especially now that option premiums have faded away due to low volatility.
This is taken right off my website BELOW MY PICKS. Maybe you should read it. "As a full time trader who is sitting in front of my platform the whole trading day, I may open a position naked, that is no straddle or hedge, then closely watch the position to see if a straddle or hedge is needed. " Moreover, I state "one should consider OPENING a position in this way, NOT hold both... Here is a link, click here: https://www.traderschoice.net/money-page--stock-picks.html
You don't believe t hat the Lion makes any money... how nice for you. By all means, please continue to doubt the Lion!