strap strategy

noun

A bullish options strategy that is established by buying a two calls and one put option with the same exercise price. The trader is betting on volatility.

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Meanings

nounstrap strategy (plural strap strategies)

plural strap strategies

  1. businessA bullish options strategy that is established by buying a two calls and one put option with the same exercise price. The trader is betting on volatility.
Cite this entry
APA

strap strategy. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/strap%20strategy

MLA

“strap strategy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/strap%20strategy. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “strap strategy,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/strap%20strategy.

Source: strap strategy on Wiktionary, CC BY-SA 4.0.