By Chris Diodato
When people trade options, or anything for that matter, they are normally looking for a price movement in their favor. Some option strategies have the ability to profit off of zero price movement, such as the iron condor and butterfly strategies, but how about this? Let's use a strategy and remain completely apathetic about price movement. In this strategy, we only care about one thing, implied volatility. What's that? It's the future perception that people have toward the stock market and its future volatility. Check out this video to see the strategy of using straddles to exploit a low risk, very high reward situation with EFA.