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What is a straddle options strategy?

By Horace Taft / June 22, 2018

As another earnings season begins, options traders are presented with an opportunity to structure trades that aim to take advantage of the potentially explosive moves in stock prices that can occur with the release of earnings information and forward guidance. While it is often difficult to predict the direction a […]

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s hart

21:26 04 May 19

The knowledge I've gained from being involved with Options Animal since 2013 has been extremely refreshing & tremendously helpful. I don't have to fret about what's going to happen with any trades I have going, because I already know what can happen in any type of market movement and thus, can prepare accordingly. If you have intentions of becoming a trader yourself, whether you're a rookie or have played with the stock market for years, this is the place you want to be to get you aimed in the right direction. The instructors are amazing - very knowledgeable & deeply caring. The membership community is wonderful. Getting with these people personally at the Summits is a great thing. You most-likely will end up with some wonderful friendships with fellow traders (and instructors) in the community. The things you can do with this education are limited only by you. Scott Hartman - OA Graduate

Jim Hores

19:54 10 Jun 19

I found this to be an outstanding program - in-depth knowledge you cannot find anywhere else and the staff is always very supportive. I give it an A++.

Rex Villarruz

02:39 11 Sep 18

To GOD be the glory.January 2016 my wife and I started this journey.May 2018 I quit my good job and pursue this trading carrier.Thanks to "OPTIONSANIMAL" system, now i managed our 401K and IRA,by doing a covered calls and collar trade.I learned that the market is dynamic, not all of my trade need a stop loss in place, instead i learned how to do adjustment if the play is against me. I only focus on the strategy that is working for me and fit my lifestyle. I keep repeating it. Very important is money management and position sizing in order to survive in this business.

Elizabeth Spoeneman

17:26 07 Mar 16

Amazing products

DiVerge Fitness

17:35 22 Dec 18

Great service for learning the correct way to trade options.

Kevin Goodwin

21:41 07 Jan 19

Hal Maughan

03:17 08 Sep 18

Great info and very helpful

James Hutchins

15:12 13 Jul 17

Options Animal has really improved my understanding of using options to supplement my income, as well as protect my portfolio. I had tried other options programs prior to choosing OA, but was frustrated because they did have a complete approach. Options Animal wants you to fully understand options, and equities that you may trade, allowing you to make much better choices, both in investing, and using options for income, and protection. Thank you, Options Animal!

Ken Carley

10:59 06 May 19

Been a member for almost 9 years. Always learn something new when I attend their many free summits around the US. The instructors are great and very available to the students. Absolutely the best Options Education anywhere.

Bruce Mazzare

05:09 07 Sep 18

Excellent course with a complete follow up & support system to insure learning ! Thank you

Kai K

21:32 28 Aug 18

OptionsANIMAL has been great. They are a true and honest company that are willing to help normal people become successful investors who use options. Highly recommend this company.

Jerry Boatman

03:10 21 Dec 19

Fantastic Training that you can do at your own pace.

BRUCE BAILEY

18:16 01 Oct 18

This was my first Summit experience and I thought attending was very worthwhile. The programs and materials were helpful and the open session Q&A following the presentations was great. I left with six other OA members contact information to really get into the “community” feeling!

Allan

17:25 11 Sep 18

I have spent many years and thousands on training and advisory services before taking the Options Animal training and can only say that I could have saved thousands of dollars of losses from my account and a lot of frustration had I chose them in the beginning.

Douglas Weed

22:45 23 Oct 18

Zack quickly answered the question I had about choices for brokerages with respect to commissions.

Carol Sadlowski

16:41 21 Sep 18

I am enjoying my experience with Options Animal. If I can’t get to a live class I can always get the same information from three different instructors in archives. The live forums are very informative from these experienced instructors. When sharing their one transaction they do per week, they always encourage the safe way and give you the step by step process they use.They emphasize the risk to keep you grounded.I enjoy the mid-week and weekly reports they present also.

Trask Messinger

12:57 05 May 19

thank you - very professional and informative Summit

Markus Bandomir

14:53 18 Jan 18

Jeffrey Nee

14:29 30 Sep 18

Excellent teachers dealing with a complex subject to a room full full of varying skill levels. They succeeded.

John Boulet

04:48 30 Sep 18

GREAT CONFERENCE !It became much clearer to me that options can be used to hedge risk AND be profitable at the same time.Would highly recommend Options Animal to anyone looking to improve their trading!

Bruce Ash

21:22 01 Jan 19

OptionsAnimal has been a great experience. I have learned a lot about options. It is nice that you can learn at your own pace and get help as needed.

oliver fox

18:43 06 May 19

I am simply amazed at the amount of knowledged displayed by the option animal instructors at the Chicago summit.after having listen , and asking questions ,my knowledge of the stock market,and option has increased to a level way beyond that of the average trader. I am so thankful for finding optionsanimal.

Joe Kerner

20:42 29 Aug 18

Option Animal has trained me with a process to manage my portfolio successfully. Navigating the market with confidence while using our 6 step process has helped me increase my returns while reducing my risk. My old friends Luck and Hope are not a trading strategies anymore. Using the three legged stool approach of fundamental , technical and sentimental analysis has guided me while using options to profit in any market direction. While also giving me the tools to adjust my positions when the market reacts opposite to my analysis. The team of instructors are in a single word AWESOME. They care about teaching you so you can manage your money with confidence. Thank you OA team!

Bill Madison

16:42 07 Feb 20

The lessons are excellent, organized and easy to follow . Can take you from beginning student all the way through "PHD" level options trading. Several instructors to choose from (all good) and each has his/her own style to make learning FUN. The best part is : you become a profitable trader.

Shawn C

18:00 15 Jan 17

Robin Pfeil

20:47 14 Sep 18

This was a great review of basics, with a substantial amount of more advanced information. It was a solid day of education with very minimal fluff. A worthy use of the time.

Brian Hores

13:59 11 Jun 19

A well structured curriculum to master the intricacies of options trading. Archived sessions allow you to go at your own pace and review areas of weakness. Live classes with instructors are interactive with a chance to ask questions. The teachers are great with helping to clarify issues and help you succeed. Following he Options Animal 6-step process will lead to trading success. The tuition is worthwhile compared to paying the school of hard knocks. I haven't mastered everything but am a much more confident and profitable trader.

Charlie Gray

23:27 10 Sep 18

I have had a wonderful experience working with the instructors from the community and working with Zack and Warren. What I like most about OA is that when you have a question about any option the instructors are able to answer any question they are well versed and understand the material, also other people from the community sometimes will pitch in and offer some answers. If anybody wants to learn about options The Animal is the way to go. Thanks guys Student Charlie

James Hutchins

14:55 06 May 19

This is top notch education. They do not teach a “system” that works sometimes, but rather they teach you to really understand how to evaluate companies, structure trades based on your expectation, and most importantly how to adjust your trades in the event things go against you. One thing that I really appreciate is the caliber and dedication of their instructors. They do not constantly try to “upsell” you like other options education systems I have tried in the past. Options Animal provides both live and online education opportunities. It is not a “get rich quick” kind of a service. Options Animal is real education, and requires real study and practice to master. They give you the tools and training, and support, the rest is up to you. My wife and I are thankful to have found them!

Karen Berliner

21:15 14 Nov 18

I first learned about Options Animal just about two years ago. I could immediately see what a comprehensive educational program it is and how I could become a successful trader. I finished the program in a year and am extremely pleased with the success I have had this year, far exceeding results obtained by the S&P 500, the Dow, and NASDAQ. Not only does Options Animal provide an excellent curriculum, it offers multiple ways for students to learn and each of the coaches is fantastic. They want their students to be successful. The changes that I have been able to make as a result of being a member of the Options Animal community have been important for me professionally and personally. I recommend it highly.

Pam JB

22:00 17 Sep 18

Great program! The classes are very thorough and methodical and take you from beginner level all the way through advanced option adjustments. There are dozens of live classes every week, but you can also choose to watch recorded lessons from your favorite instructor. The mid-week and weekly market forums are a great place to get a truly unbiased review of the current market conditions and the monthly trader forums are a great resource to learn how the instructors are managing their personal trades. I'm looking forward to attending their two-day live seminar in Utah next week.

Howie Agster

19:14 21 May 19

Webinars have great examples of a superb strategy trading options. First in money management and trade adjustments limiting losses. My choice for learning from the best.

Sunil Tomar

19:05 29 Sep 18

Edith Falls

18:48 10 Dec 18

King Cone

23:23 08 Nov 18

We have been with Option animal for 7 years plus. They have delivered on all levels. If you want to learn to trade options there is no better education. Make sure you finish all you levels before you start live trading if you don’t your education will cost you more as I learned the hard way . One other point make sure you try to attend as many conference that Option animal puts on you will not be disappointed .Your trading skills will get sharper and most of all you will meet a bunch of great traders

John W

20:53 28 Jun 19

Brice is very easy to work with and does what he says he will do. Thanks again Brice for the good service

Carroll Rogers

02:34 24 Sep 18

Options Animal has proven to be interested in the success of me as a successful trader. Their staff has answered my questions, and the presentations give a good understanding about many option strategies that I did not know existed.

Dana Podliska

03:41 18 Dec 18

Before joining OA, I had only traded equities and it was suggested to me to get into options. After watching tons of YouTube videos about how easy it was to make money using options, I felt that I was missing something. After some research into different option services I choose Option Animal and believe it was the correct choice for me. Through the teachers at OA and many hours of classes that they present, I feel like I am getting the knowledge and answers where all my other sources fell short. I am confident that after completing the courses I will have the knowledge necessary to trade successfully.

Nag Malluru

16:16 09 May 19

I like the education that OA provides and it is really interesting to see all these strategies in real world. I am seeing the difference already and excited to be part of this.Community and Live tabs are amazing and helps us to stay connected with the schedule and other member thoughts etc.

Cheryl Tiffany

17:45 14 Sep 18

John Stuparich

01:11 16 Jan 19

The Option Theory is adequate with but the concepts only really sink in when theory is further explained in some practical application examples or case studies using live and current stock prices .

Merlin Andrews

16:01 06 May 19

The best options trading education available that I have ever encountered by far, and one of the best values in any education. Great instructors, a very supportive community, and a tremendous amount of information and content. Not get-rich-quick, but life changing if you are willing to put in the work.As a graduate of the program, I continue to learn and grow from everything provided by OptionsAnimal and continue to improve.

Blaine Jones

01:36 25 Jun 19

Options Animal is one of the best, if not the best, educational experience I have ever had. If there were more than 5 stars I would rate them a 10.

Michael Lawrence

22:02 12 Sep 18

Options Animal is an excellent organization. I am very happy that I have found them. The website is wonderful and easy to navigate. Options are a complex instrument and they certainly know a great deal about their subject matter. Greg, Jeff, and Casey, as well as the other members of the company are all warm, kind, funny, helpful and extremely intelligent. Options Animal is a solid organization. I am very excited to move toward a complete understanding of options. I hope to grow along with their company in the future. I would give them a stellar review.

Ron Pensari

23:51 12 Jul 17

optionsANIMAL is by far the most comprehencive options education program I have ever experienced. I have gone through enough programs to know that this school does an exceptional job in educating and supporting anyone with the desire to become an options trader. The coaches are extremely helpful and knowledgeable. It does not matter what level you trade, their course structure takes you in depth from the fundamentals all the way to the most advanced strategies. The cost for the course is well worth the money...I am a lifetime member and am glad I did it!! But, you can start at any level. The education I am learning will last a lifetime!

Sharon

18:57 04 Oct 18

They have wonderful teachers, I learn a lot from them. Even the tuition is expensive, but from what I have learned, it is worth and will benefit for the rest of my life.

Brett Johnson

21:39 12 Oct 18

am new to Options Animal since March of 2018 although I have traded options since 2011. While I am only half way through the curriculum, I find the content, instructors, and methodology invaluable. I very much appreciate the new view to trading that Options Animal provides, so much so I am considering migrating from a mix of stock investor and options trader to a pure options trader given the risk management and increased trade success taught at Options Animal.

Ivan Peytchev

21:44 04 May 19

Kathy Bowman

18:13 15 Jul 19

Robert Wendorf

16:43 01 Sep 18

I believe an Option trader needs to be educated, not sold a system or a trade picking service. I found Optionsanimal to be a great place to get that education. The training is well designed and structured. Upon completion, you will be able to pick your own trades, adjust them as needed and close them successfully. I was actually able to cover the cost of membership with the profits I made from trades I initiated myself! Here is the secret... they actually teach you how to make adjustments when trades go wrong.

Bailey Pate

00:17 18 Sep 18

OptionsANIMAL has been awesome thus far. Great course material with teachers who are willing to help you through it if it doesn't make sense. A worthwhile investment!

Mr. Bodin Hugger

17:20 13 Jun 19

Excellent training from multiple experts. Member as of February 2019. I have completed up to level 3. Trading options since 2009-2011 when one could throw a dart and win!Excellent archives for training classes with Kathy, Joe , Eric, Charan , Jeff, and Horace. These are excellent educators because of the different styles each educator brings to their client. OA Trader work shops offer insight on how to think. The Wednesday and Friday updates also educate the client on how to think. These updates educate the client on how to separate the noisy events from those that are important. Entering into the options trading world with out OptionsANIMAL training is foolish.I am very pleased with the value of my decision to join OptionANIMAL. I wrote with review on my own accord and will stand by this review. Bodin Hugger, JRMetaire, LA 70006

Dana Podliska

21:36 04 May 19

Dr. Rina Shinn

17:58 01 Feb 20

This is the program that I wish I knew at the beginning before I poured in ridiculous amount of money in order to learn about options trading. Highly recommended.

Joseph Woollen

04:03 15 Nov 19

I have been pleasantly surprised with Options Animal. Having used other options training programs with limited success, going through the Options Animal courses has been like getting a graduate degree. Their courses are comprehensive yet understandable, and it’s particularly helpful to go into their video archives to take the same courses numerous times - each with a different instructor with a slightly different teaching approach. And it’s hard to beat theIr support and collateral materials. I highly recommend Options Animal. J. Michael Woollen

john panzenhagen

16:09 31 Aug 18

This is the only way to learn the option process. You will find the classes informative and well done.

Zack Simon

18:48 02 Mar 17

Because it's changed my life.

James Diehl

21:08 18 Jul 19

My wife and I have tried other on line trading academies and were not impressed with them at all. We became very frustrated to the point of almost giving up the idea of ever being able to learn how to trade options. We heard about Option Animal and decided to give it one more try and we are glad that we did. We were immediately impressed with the entire program. The lessons, both live and archived, are easy to follow and very well done making it simple for even the most novice trader to understand. The instructors are extremely knowledgeable and offer personalized attention when needed. We highly recommend Option Animal if you are serious about learning how to trade options.

john kraus

19:00 13 Nov 18

The experience and information have been outstanding thus far. I insist on thorough coverage when it comes to my interests and pursuits. OptionsAnimal are meeting and exceeding my expectations. The personel are very supportive as well. So far, i have interacted with Brice, Jordan and Warren. All of them were flawless in their professionalism and very personable as well. i never felt rushed in my inquiries and they efficiently offered complete and even comprehensive answers, making sure i understood what i was trying to learn. Thank you!! so far so good!John Kraus

William Dedes

15:32 12 Sep 18

I recently joined animalsoption. I may be a slow learner but I like to take things at my own pace. This program is very educational and extremely helpful in my self directed portfolio. I have been listening to the lessons at my own speed. The recent seminar I attended in Buffalo New York was extremely helpful. They offered to return my tuition if I was unhappy with the program. The lessons have already resulted in profits for me so I doubt I will be asking for a refund. Animalsoption is awesome.

Samuel Chimento

13:10 14 Feb 19

Hello,I have been an Option Animal student for 5 months now and have completed levels 1 through 3. So far I have learned how to make directional trades as well as high probability credit spreads"Even though I have only completed the first 3 levels my current trades are ranging from 15% to 47% profit per contract. The winners are steadily rolling forward.I am looking forward to completing all the levels and learning debit spreads, hedged trades, straddles, strangles, collars and winged spreads.This education makes option trading crystal clear and easy because you will have confidence in what you are doing and finally enjoy making money on a daily basis.Most importantly, take your time and learn the material in detail, I think that is the secret to doing well!Enjoy your education.Sam

Kevin McDermott

20:02 23 May 19

Even though I have been trading options for a couple of years, I was happily surprised by learning things I either did not know or did not understand as well as I should have.Excellent education program that is good for everybody from beginners to experienced options traders. Plenty of resources and actual people who can answer your questions or help you deal with any unexpected difficulties.Top notch organization doing top notch work. Check them out.

Victoria L Roberts

22:35 02 Mar 20

They offer a systematic approach to options education. Each instructor has taken the courses. They are all intelligent, articulate and available to answer questions. No sales gimmicks just a commitment to the students. I highly recommend them.

Jack Goldstein

16:42 13 Jul 17

This is a wonderful community of Traders and educators who will help you to understand Options and Equities and the influence of all of the associated variables. Their courses are well worth what they cost. The Education is invaluable and helpful for a lifetime. There is a calander of Webinars at each of eight levels of training as well as a prerecorded Webinars of each subcategory at every level of training. This allows you to interact with instructors live with questions or review by listening to pre recorded sessions. There are several instructors. Each one has their own personality and style. This makes it easy to find different viewpoints on the same subject and continue to learn. I highly recommend Options Animal for anyone interested in self directed investing.

Gerry Young

18:22 28 Jun 19

I've been an Options Animal member / student for a bit over a year now and am incredibly impressed with the organization, their depth of knowledge, their teaching methods and their support of their students. In fact, I just signed up for life time membership so that I can continue to make use of the resource for the rest of my trading career. Before becoming a student of O/A I had been studying options trading technique on my own, attending webinars buying books from Amazon & etc. for about three years and not doing very well at it. I was also trading equities as I had been for the past 17 years and my portfolios were increasing in value from my efforts but not by leaps and bounds. In fact I was just covering living expenses plus a little bit and looking for a way to become a more successful trader; hence my foray into options. Joining Options Animal was like stumbling out of the woods and into the sunshine. "Don't try to trade options until the end of the course when you will have learned how to do it." was their first piece of advice. ( Wish I'd had that tattooed on my wrist three years ago. It would have saved me a bundle.) Next piece of advice: "If you do experiment with trading options just count the results as increased tuition costs." (Yeah, I had to learn that the hard way.)Then they proceeded to a very detailed analysis of markets / equity trading with instructions on where to find the real information for fundamental analysis. This alone resulted in a measurable improvement in my efforts at equity trading. After that it was straight into options, "the Greeks" & etc.What makes the O/A teaching method a cut above anything else, in my opinion, is that there are four primary instructors all from different backgrounds who each teach all the lessons in the curriculum. All of their efforts are recorded in the O/A archives which gives the student the ability to gain exposure to the same material from four different perspectives. And because the instructors are continually presenting the material over time one can gain a better understanding from listening to the same person giving the same talk but in a slightly different way.Any points not clearly understood can be repeated instantly or reviewed in its entirety later. Students can also interact with the instructors in real time during the scheduled sessions or attend the weekly open forums to cover specifics and have additional questions answered. One is not locked into a rigid class schedule which is going to move forward whether the student understands the presented material or not.In addition there is a bulletin board / chat room organized by courses and lessons and related subjects where students and interact and learn techniques from each other and the participating instructors.Long story short: if you really want to improve your trading to the point where your success rate is above the ninety percentile point then Options Animal is what you've been looking for.

Stephen Sorrick

20:36 29 Sep 18

The presentations were all highly informative.

Stephen MacLean

02:27 11 Jan 19

Dino Johnson

04:45 04 Jul 18

Great instructors! You want to learn how to trade options this will give you a solid foundation! Met the owner Greg at a trading summit in Seattle and really enjoyed his approach to teaching option trading. I am a life time member.

John Daggerhart

19:30 24 Nov 18

Very straight forward solid education. No get rich quick B.S. Learn, follow, prosper!

Curt Rosemann

17:40 12 Oct 18

By far the best I have found for indepth training and insight as how Options really work. Logical class order. Highly knowledgeable instructors for each element whom can provide detailed answers to any questions.

oliver fox

03:42 11 Nov 18

OPTIONSANIMAL,OPTIONSANIMAL,OPTIONSANIMAL!!!! the very BEST in options education.-------- the very BEST.

Thom Ianniccari

18:07 29 Oct 17

Great education and support to learn to earn. I have done a lot of investing education and this is one of the few systems that gets a gold star.

Warren Broll

03:57 01 Sep 18

Options Animal is providing me with the options tools I need to enhance growth my stock portfolio and to react appropriately when trades go against me. My eight months as an OA student are beginning to pay off financially. I have worked hard and have not been as mentally challenged since I was in engineering school, many years ago. I recommend Options Animal to anyone who is deeply committed to trading improvement, is open minded and coachable, and is willing to take on a serious challenge.

Becky Hutchins

14:51 13 Jul 17

I have taken several classes/seminars on option trading. OptionsAnimal is by far the best I have taken. The instructors educate us on the specifics of why options move the way they do, so we can make decisions based on what we have learned, rather than just following the "rules" someone else has set up. The instructors are helpful, knowledgeable and willing to share their personal experiences, including trades that didn't work out the way they had anticipated. I especially appreciate the way they emphasis that we protect our portfolio and only take on the appropriate risk we can live with. I highly recommend this program to anyone who wants to learn how to generate monthly income build their wealth and protect their portfolio.

Rick Kingbury

00:43 24 May 19

This training is so thorough and with the archives I can go thru a particular section until it sinks in and then I get that "ahah" moment when I really understand it. Great training. Rick Kingsbury

Chris Potwin

20:44 07 Apr 18

Awesome

Jonathan Nelson

15:31 04 May 19

Very well put together. Informative. Pleasent community.

Sergey Golub

21:22 19 Dec 19

If you a new or an experienced options trader this is very much desired service where you can learn a lot and get help when you need it most from live coaches at Options Animal.Keep up guys with great work!S. G.

John W. Tompkins

19:18 10 Sep 18

Becoming a lifetime member of Options Animal was a great decision. The demands on my life do not allow me to schdule regular classes. With the flexible curriculum that OA offers, I am able to stay on top of my OA education, practice trade when time allows, and remain an active member of the OA community. You owe it to yourself to investigate the OA 6 Step Method, it will change the way you look at your financial future.

Linda Wood

18:20 04 May 19

Jackson Simon

19:58 25 Oct 18

Wonderful experience so far with this superior source of education on options trading. I continue to enhance my skills and knowledge week to week with the help of their highly experienced coaches and easy to follow curriculum. Learn to protect your investments now to ensure a brighter future in retirement and to pass on to your posterity. Highly recommended!

Amànda Dorion

23:28 16 Oct 18

Options Animal has been great. The instructors are fantastic and everyone is always very willing to be available and answer any questions. The way the material is set up also flows very well.

John Daggerhart

15:56 14 Sep 18

Fantastic accredited education! The courses are worth every penny. If you're serious about trading options, then Options Animal is a must. Great customer service and the one on one guidance is exceptional. Go for it!

Mark Zimmerman Sr

20:32 07 Sep 18

If you want to learn options this is where you will lean it! Great education, even better support

Rick Gregory

00:17 08 Sep 18

Very thorough training program. Accessible trading professionals. Excellent community willing to help you succeed.

Joshua Foss

18:23 29 Sep 18

Motivated me to learn more

Robert Brown

00:24 15 Nov 18

It is legit with certified courses and tax incentives.

Kim Schaeffer

00:05 14 Sep 18

I've read books on options for over 20 years but really never felt like I had a specific strategy to hedge my stocks because there are so many from which to chose. OptionsAnimal has an excellent strategy/approach that allows me to hedge my stocks based on my personality style within the OA system. The instructors are brilliant and passionate about what they do and want nothing more than to help their students of all skill levels. Thank you OA!

Steve Rosenlund

22:16 04 Mar 20

Some classes are very technical, I can repeat them as needed. I would rather retake a class than see it dumbed down.

Merlin Andrews

16:27 05 Nov 17

By far the best educational source for options trading that I have found in my 4+ years of learning. An incredible amount of information, education, and support - worth every investment penny for anyone serious about learning options trading. The most helpful, passionate, and skilled instructors - all with different perspectives that make it easy to find your own path instead of getting told what your path should be.

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