Trying to understand this: How do I know if "JPM July 85" is a Call or a Put position? "C85" or "P85" would help with direction.
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Trying to understand this: How do I know if "JPM July 85" is a Call or a Put position? "C85" or "P85" would help with direction.
All of his picks are straddles. Once a direction is confirmed, close the opposite side. Trick is to know when the direction is confirmed.