Top 20 Most Profitable Straddle Stocks for 2024

Reported 10 months 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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