To The Moon

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Hey friends, a new earnings season is coming. Options are very popular to used to bet earnings. When people start to trade options, they always buy call or buy put option unilaterally. After that, some beginners realize that the odds of winning is not high forunilateral trading, some people start to make option strategies of straddle and strangle. A straddle which a call and put with the same strike price and expiration date is bought. Usually these options are near ATM. A strangle refers to a call and a put option on distinct strikes, with the same expiration. Usually these options are OTM. If bo