The Holder of a Straddle Does Not Care Which Way

question 51

True/False

The holder of a straddle does not care which way the market moves as long as it makes a significant move.

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Definitions:

Theory Of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and to others and to understand that others have beliefs, desires, and intentions that are different from one's own.

Individuality

The quality or character of being individual; a distinct personality that sets one person apart from others.

Differences

Distinctions or variations between two or more entities or phenomena.

Metacognition

Self-awareness of cognitive functions, commonly defined as "reflecting on one's thoughts."