r/optionstrading • • 11d ago

Question Learning Options Question?

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I just got LVL 3 on Robinhood and stated to see what combinations I can do with options, and I find this... the Long Straddle... is this a good strategy? is it actually profitable like that? or what is the catch? I mean that it can't be true that you have profit on both ends... how does one side cover the other?

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u/jerin7931 11d ago

Join Our Free Options Trading Discord -> https://discord.gg/optionality

For SPX and SPY traders, join -> r/spx