An OPTION STRATEGY that seeks to take advantage of expected market direction rather than VOLATILITY to generate a profit. Common directional strategies include BULL SPREADS and BEAR SPREADS. See also VOLATILITY STRATEGY.
An OPTION STRATEGY that seeks to take advantage of expected market direction rather than VOLATILITY to generate a profit. Common directional strategies include BULL SPREADS and BEAR SPREADS. See also VOLATILITY STRATEGY.
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