I4

Straddle option strategy

I4 已更新   
NASDAQ:BBBY   Bed Bath & Beyond Inc.
With earnings coming out Wednesday there could a strong move in either direction. The stock is in a consolidation period with ATR near a low and in a wedge formation. These factors combined make it likely that there is going to be an increase in volatility and a sharp move. It may be better to have a slightly negative delta as the overall trend appears bearish.
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