Recent content by SteadyOptions

Straddles can be used successful on stocks before earnings. You buy them around 7-10 days before earnings and sell on the day on the announcement. Most of the time you can gain 10-15% either from IV increase or stock movement.

Generally speaking, credit spread and debit spread have the same risk profile if using the same strikes.

TOS is a good broker, but their commissions is fairly high. You can do much better with IB.

Buying a straddle doesn't require any margin. If you leg in (buying calls and puts separately), you will be taking a directional risk.