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Gen: Probability regarding Long Straddles.



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RT's,

A fellow Real Trader has told me that the strategy of trading Long
Straddles is a loser 90% of the time. Can any of you refute/confirm that.
Note: No mention of the states of Implied Volatility was made in this
regard. I realize that low Implied Volatility can improve the odds. Thanks.

Brent