Education Summit Day 2 – Trading strangles with binary options
Thursday, May 28
Nadex Virtual Education Summit Day Two – Advanced Concepts
Trading strangles with binary options – Dan Cook
The binary option strangle strategy is a powerful tool that can be used when a trader is expecting volatility, such as around news events or major technical levels, but is not able to pick a clear direction. This strategy is structured to be low risk with high potential return and has the possibility to produce profit if the market moves up, down or even in an up-down, whipsaw type fashion.