The reason you would want to do this is because you can profit from both upward and downward motions, as long as they exceed
the appropriate strike price.
An appropriate strike price is just below the current share price of the stock.
In addition to deciding on the most
appropriate strike price, you also have a choice of an expiration date, which is the third Friday of the expiration month.
You do that by choosing
appropriate strike prices for the options spreads you choose.
Not exact matches
• Get Involved in a Charity Charity fundraising events are also good places to meet single rich women.Many lonely women are at these places waiting for a handsome man to
strike up a conversation.If you can't afford the ticket
prices, volunteer your time with an
appropriate charity.
This
struck me as an
appropriate parallel to the debate on
pricing carbon.