straddle

Earnings trades are advanced options trading strategies offering massive income potential vs limited risk. Constructing an earnings trade will ask to buy straddle or strangle options. I remember times when I was still learning a lot about options I was wondering what are all those iron condors, butterflies, straddles, and strangles. I thought selling options premiums on dividend-paying stock already is the best thing invented and why bother with something else than put or call options? Fast…