What would happen if I bought a call and a put of the same stock? Let’s say I buy SPY, and I buy a call and a put of it for the same expiration date, obviously, one of them will make money, but as for the other one, will I just break even and have made no profit? Or is this a less risky way to buy options. I can’t think of the math on this so I was just wondering if this is a real strategy that people do?
Submitted September 11, 2021 at 11:40AM by 0liv5r https://ift.tt/3C8uBSF