What is the most aggressive option straddle?

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1244989

2026-07-24 12:55

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All other things being equal, usually the most aggressive option straddle is that which has the most gamma. Gamma is the nonlinear feature of an option's value as the underlying stock moves. Straddles with strikes near the stock price that are very short term have the most gamma and thus are the most aggressive per dollar of option value (especially if you sell them since losses are unlimited)

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