| Definition: | Long Stock; Buy At-the-Money or Out-of-the-Money Call; Sell At-the-Money or Out-of-the-Money Put. |
| Strategy Type: | Bullish |
| Risk: | Limited |
| Gain: | Limited |
| Time Decay Effect: | Positive with Upward Price Movement, Negative Otherwise. |
| Increasing IV Effect: | Limited |
Profit/Loss by Change in Underlying Common Price![]() |
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