If the share price is between $51.05 and $61.45 at expiration, you’re out $1.45, or $145. It’s a very reasonable bet with a 30.9% profit probability. It’s a Short Strangle A short strangle ...

The options combination is as follows: One short straddle is equal to or greater than one short ATM call and one short ATM put One long strangle is equal to or greater than one long OTM call and ...

While Medicare won't cover the majority of these costs, some insurance plans — called long-term care insurance or short-term care insurance — will. That said, these two options differ in terms ...