How to Play Pickle With the Market, Using the Greeks

Remember as a kid playing pickle? This is the game where say on a baseball field you are in a rundown between two bases, and players on the other team are trying to tag you out. You run back and forth, dodge, duck and swerve to avoid a tag and make it safely to one of two bases. It's a thrilling, zero sum game, often filled with surprising moves.

There are market trading strategies that are similar to the game of pickle, in which we do our best to stay away from the tag that puts us out of the game. Some out there are riskier than others. The short gamma trade has been a winner, mostly due to extended low volatility (more on that later). Using a high probability approach with low risk offers a chance to not only stay in the game, but to win far more often, even if the rewards are small....303 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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