Polish Straddle
in finance, a polish straddle is an investment strategy involving the purchase/sale of particular option derivatives and/or shares that completely cancel each other out.
w: i’m long 500 shares of bac at $7 and short 5 call options with a strike price of $7.
a: so you’re net long 0 shares.
w: … … … doh!
a: ahh the polish straddle strikes again!
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