June 30th, 2008

CNBC Bonus Bucks Trivia: In his blog, Darren Rovell paid tribute to the late George Carlin. Which of Rovell’s terms refers to options trades?

In his blog, Darren Rovell paid tribute to the late George Carlin. Which of Rovell’s terms refers to options trades?

Long straddle

Taking a long position in both a put and a call option.

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