Guest Posted March 28, 2014 Posted March 28, 2014 I have a question related to straddles/strangles. If we just set a 10% GTC profit target isn't the danger that when the market crashes your position will make only 10% profit when it could have made much more? What is the best practice in relation to setting a profit target, that also allows for a possible oversized gain as in August 2011? Quote
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