Top 20 Most Profitable Straddle Stocks for 2024

Reported 3 days ago

In 2024, options trading reached record volumes, highlighting the appeal of straddle strategies. This analysis ranks the top stocks for options traders by calculating returns on four-week straddles, which involve buying both a call and a put option on the same stock. The success of these trades depends on the stock maintaining a momentum in one direction. The article presents the top 20 stocks based on average straddle returns, positive straddle percentages, and those that doubled in value most frequently, revealing a significant presence of technology companies among the leaders.

Source: YAHOO

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